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Tenaya Therapeutics price target lowered to $4 from $6 at Canaccord

Canaccord lowered the firm’s price target on Tenaya Therapeutics (TNYA) to $4 from $6 and keeps a Buy rating on the shares. The firm two key updates from the company; the lifting of the clinical hold on the MyPEAK-1 trial of TN-201 by the FDA and the first look at interim data from the RIDGE-1 Ph1B clinical trial of TN-401 for PKP2-associated ARVC.

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