Craig-Hallum analyst Albert Lowe downgraded Rezolute (RZLT) to Hold from Buy with a $2 price target after the Phase 3 study of ersodetug in congenital hyperinsulinism missed its endpoint.
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Read More on RZLT:
- Rezolute price target lowered to $5 from $17 at BTIG
- Rezolute downgraded to Market Perform from Outperform at Citizens
- Rezolute downgraded to Neutral from Overweight at Cantor Fitzgerald
- Wedbush downgrades Rezolute to Neutral after congenital hyperinsulinism miss
- Rezolute Downgraded to Hold Amid Disappointing Phase 3 Trial Results for Ersodetug