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Oncolytics price target lowered to $5 from $7 at Lake Street

Lake Street analyst Chad Messer lowered the firm’s price target on Oncolytics (ONCY) to $5 from $7 and keeps a Buy rating on the shares after the company reported FY25 results and announced it has scheduled a Type C meeting with the FDA for April 16 to align on the design of a single-arm pivotal study for pelareorep in squamous cell anal carcinoma.

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