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Palisade Bio initiated with a Buy at Stifel

Stifel initiated coverage of Palisade Bio (PALI) with a Buy rating and $5 price target The firm, which views inflammatory bowel disease as a large, validated commercial market where clinical efficacy has largely been stagnant since the approval of Entyvio more than a decade ago, sees Palisade as “well-positioned within this landscape” with PALI-2108, the analyst tells investors.

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