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Korro Bio downgraded to Neutral from Buy at H.C. Wainwright

H.C. Wainwright analyst Mitchell Kapoor downgraded Korro Bio (KRRO) to Neutral from Buy without a price target The firm says that KRRO-110 “falling far short of therapeutic levels,” Korro must now rebuild investor confidence “from the ground up.” Korro’s first look at KRRO-110 “was deeply disappointing,” the analyst tells investors in a research note.

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