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Lenz Therapeutics price target lowered to $29 from $35 at BofA

BofA analyst Jason Gerberry lowered the firm’s price target on Lenz Therapeutics (LENZ) to $29 from $35 and keeps a Buy rating on the shares. After having updated its model to reflect Q1 script trends, the firm lowered its FY26 VIZZ revenue forecast to $25M from $49M and FY27 to $80M from $111M, the analyst tells investors following the company’s Q4 report.

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