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Janux Therapeutics price target lowered to $24 from $29 at BofA

BofA lowered the firm’s price target on Janux Therapeutics (JANX) to $24 from $29 and keeps a Buy rating on the shares. The firm increased its view of peak penetration for PSMA-targeting TCEs slightly to reflect the potential for improved safety, but continues to see JANX007 as “a lead asset,” the analyst tells investors.

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