Guggenheim lowered the firm’s price target on Monte Rosa Therapeutics (GLUE) to $30 from $34 and keeps a Buy rating on the shares. The firm, which is updating its model to reflect Q4 results, notes that its price target moves down as a result of stock dilution.
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Read More on GLUE:
- Monte Rosa Therapeutics reports Q4 collaboration revenue $2.78M
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- GLUE Earnings this Week: How Will it Perform?
- Monte Rosa announces clinical data from Phase 1/2 study of MRT-2359
