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Oric selloff brings attractive entry point, says H.C. Wainwright

H.C. Wainwright analyst Robert Burns says the pullback this week in shares of Oric Pharmaceuticals (ORIC) provides an attractive entry point. The firm says the market overreacted to Oric’s metastatic castration-resistant prostate cancer data. Rinzimetostat plus apalutamide “appears to have a significantly better safety profile,” the analyst tells investors in a research note. It reiterates a Buy rating on the shares with a $25 price target

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