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Soligenix price target lowered to $1.50 from $10 at Alliance Global

Alliance Global lowered the firm’s price target on Soligenix (SNGX) to $1.50 from $10 and keeps a Buy rating on the shares after the Data Monitoring Committee recommended halting the Phase 3 FLASH2 trial of HyBryte for the treatment of cutaneous T-cell lymphoma. The firm removed SGX301 from the stock’s valuation.

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