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Oric Pharmaceuticals price target lowered to $12 from $15 at Oppenheimer

Oppenheimer analyst Matthew Biegler lowered the firm’s price target on Oric Pharmaceuticals (ORIC) to $12 from $15 and keeps an Outperform rating on the shares following quarterly results. The firm says key milestones remain on track; most immediately dose-escalation results from the combination of ORIC-944 with apa/darolutamide.

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