Canaccord downgraded Regulus (RGLS) to Hold from Buy with a price target of $11, down from $28, after the company agreed to be acquired by Novartis (NVS) for $7 per share in cash and a $7 per share contingent value right.
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Read More on RGLS:
- Regulus downgraded to Hold from Buy at JonesResearch
- Regulus Announces Merger Agreement with Novartis
- Regulus to be acquired by Novartis for $7.00 per share in cash
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