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Fly News Breaks for August 9, 2019
PTE
Aug 9, 2019 | 08:01 EDT
Oppenheimer analyst Kevin DeGeeter lowered his price target for PolarityTE to $14 from $24 and maintained an Outperform rating following the company's second quarter results. In a research note to investors, DeGeeter says he believes new management was effective in providing better transparency on metrics of commercial uptake of SkinTE, rationale for a more targeted sales effort in acute and chronic wounds and a timeline for re-engaging the burn market.
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