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Vor Bio downgraded to Hold from Buy at Stifel

Stifel analyst Stephen Willey downgraded Vor Bio (VOR) to Hold from Buy with a price target of 30c, down from $5, following the company’s decision to explore a range of strategic alternatives in an effort to maximize shareholder value. The decision reflects a combination of both clinical data evaluated to date and the challenging financing environment currently characterizing the biotech sector, the analyst tells investors in a research note.

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