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Korro Bio downgraded to Market Perform from Outperform at William Blair

William Blair downgraded Korro Bio (KRRO) to Market Perform from Outperform without a price target The disappointing data update from the REWRITE study of KRRO-110 “was a large blow to Korro shares,” the analyst tells investors in a research note. The firm says it downgrades the shares as Korro is now moving back to a preclinical-stage company.

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