Canaccord analyst Whitney Ijem raised the firm’s price target on Wave Life Sciences (WVE) to $40 from $19 and keeps a Buy rating on the shares. The firm noted data from its its WVE-007 program showed itwas able to induce fat loss while preserving lean muscle mass. This increased Canaccord’s POS to 30% versus 10% previously.
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Read More on WVE:
- Wave Life Sciences price target raised to $29 from $16 at Wells Fargo
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