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Merus price target lowered to $70 from $73 at BofA

Merus price target lowered to $70 from $73 at BofA

BofA analyst Tazeen Ahmad lowered the firm’s price target on Merus (MRUS) to $70 from $73 and keeps a Buy rating on the shares. The firm updated for Q4 results, cash and share count and increased its operating expense estimates in-line with recent trends.

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