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Fly News Breaks for July 1, 2019
MCRB
Jul 1, 2019 | 08:16 EDT
Jefferies analyst Chris Howerton lowered his price target for Seres Therapeutics to $4 from $6 to reflect dilution from the company's "much needed" $60M equity raise. The analyst, however, left a recent headquarter visit "incrementally more" confident on the company's manufacturing capabilities. He keeps a Hold rating on Seres Therapeutics.
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