Piper Sandler analyst Edward Tenthoff lowered the firm’s price target on Omega Therapeutics (OMGA) to $4 from $9 and keeps an Overweight rating on the shares. The firm cites Omega’s pipeline changes post the Q3 report for the target cut. The company is looking to partner OTX-2002 and deprioritizing OTX-2101 and CXCL1-8, the analyst tells investors in a research note.
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