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Werewolf Therapeutics price target lowered to $8 from $9 at BofA

BofA analyst Jason Zemansky lowered the firm’s price target on Werewolf Therapeutics (HOWL) to $8 from $9 and keeps a Buy rating on the shares, citing the current cash position for the firm’s revised target after a Q2 report that “didn’t have many major updates.” The firm still sees reasons to like the the second half setup with opportunities for a potential re-rating, the analyst tells investors.

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