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Wave Life Sciences price target lowered to $43 from $52 at Canaccord

Canaccord lowered the firm’s price target on Wave Life Sciences (WVE) to $43 from $52 and keeps a Buy rating on the shares. The firm said headed into the next AATD update, focus remains on the amount of M- and total- AAT protein that can be produced with more and higher WVE-006 doses. Canaccord said they continue to think shares are trading at a significant discount following the last INHBE update/sell off.

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