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Verastem price target lowered to $8 from $9 at Mizuho

Mizuho analyst Graig Suvannavejh yesterday lowered the firm’s price target on Verastem (VSTM) to $8 from $9 and keeps an Outperform rating on the shares. The firm updated the company’s model ahead of an expected product launch for avutometinib plus defactinib in low grade serous ovarian cancer.

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