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Soleno Therapeutics downgraded to Neutral from Overweight at Piper Sandler

Piper Sandler analyst Yasmeen Rahimi downgraded Soleno Therapeutics (SLNO) to Neutral from Overweight with a price target of $53, down from $145, after Neurocrine (NBIX) announced a deal to acquire the company for $2.9B or $53 per share in cash.

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