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Karyopharm price target lowered to $8 from $15 at H.C. Wainwright

H.C. Wainwright lowered the firm’s price target on Karyopharm (KPTI) to $8 from $15 and keeps a Buy rating on the shares. Following the most recently reported clinical results, the firm lowered its probability of approval for Xpovio in myelofibrosis to 35% from 65%.

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