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iTeos Therapeutics price target lowered to $17 from $19 at Wells Fargo

Wells Fargo lowered the firm’s price target on iTeos Therapeutics (ITOS) to $17 from $19 and keeps an Overweight rating on the shares. The firm says there wasn’t much new in the company’s update, but there was more clarity on upcoming catalysts for belrestotug and it thinks EOS-984 data expected in second half of 2025 could be interesting for the company beyond TIGIT.

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