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PepGen price target raised to $20 from $18 at H.C. Wainwright

H.C. Wainwright analyst Andrew Fein raised the firm’s price target on PepGen (PEPG) to $20 from $18 and keeps a Buy rating on the shares. A new U.S. composition of matter patent for PGN-EDODM1 securing exclusivity into the 2040s reinforces the durability of its myotonic dystrophy type 1 franchise, the analyst tells investors.

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