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Oculis price target raised to $42 from $38 at JPMorgan

JPMorgan raised the firm’s price target on Oculis (OCS) to $42 from $38 and keeps an Overweight rating on the shares. The firm expects topline results in a joint disclosure from Oculis’s two Phase 3 clinical trials evaluating its lead asset OCS-01 for the treatment of diabetic macular edema in June. The company offers ‘multiple shots on goals with attractive potential market opportunities,” the analyst tells investors in a research note.

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