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Plus Therapeutics upgraded to Buy from Hold at D. Boral Capital

D. Boral Capital analyst Jason Kolbert upgraded Plus Therapeutics (PSTV) to Buy from Hold with a $5 price target The firm, which previously had lowered its rating in May on concerns that the company was likely to execute a reverse split, says it seems those concerns “may have faded” for the moment and also cites the progress the company has been making on the diagnostics side. With catalysts such as a diagnostics launch, the firm sees the stock being back up over the “critical $1.00 mark,” the analyst added.

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