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Lenz Therapeutics price target raised to $53 from $44 at BofA

BofA analyst Jason Gerberry raised the firm’s price target on Lenz Therapeutics (LENZ) to $53 from $44 and keeps a Buy rating on the shares. The firm cites the company’s Vizz FDA approval and Q2 report the target increase. It believes Lenz’s peak sales opportunity for Vizz is being underappreciated at current share levels.

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