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Zymeworks price target raised to $13 from $12 at H.C. Wainwright

H.C. Wainwright raised the firm’s price target on Zymeworks (ZYME) to $13 from $12 and keeps a Neutral rating on the shares following the Q4 report. The firm believes the company’s balance sheet should be sufficient to fund operations into the second half of 2027.

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