Wells Fargo lowered the firm’s price target on Nurix Therapeutics (NRIX) to $22 from $25 and keeps an Overweight rating on the shares. The firm believes management’s recent regulatory update on bexdeg and the forthcoming dose selection will provide investors clarity for the pivotal 3L+ trial. That coupled with read through from Kymera Therapeutics’ (KYMR) KT-621 Phase 1b update should offer upside for Nurix shares.
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