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Protara Therapeutics initiated with a Buy at JonesResearch

JonesResearch analyst Soumit Roy initiated coverage of Protara Therapeutics (TARA) with a Buy rating and $21 price target The stock is currently trading at cash value, the analyst tells investors in a research note. The firm says Protara has three diverse, late-stage clinical programs, two of which are “fairly de-risked.”

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