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HC Wainwright & Co. has decided to maintain its Buy rating of Relay Therapeutics (NASDAQ:RLAY) and lower its price target from $19.00 to $17.00.
Shares of Relay Therapeutics are trading up 0.0% over the last 24 hours, at $9.37 per share.
A move to $17.00 would account for a 81.43% increase from the current share price.
Relay Therapeutics Inc is a clinical-stage precision medicine company transforming the drug discovery process by combining leading-edge computational and experimental technologies with the goal of bringing life-changing therapies to patients. the Dynamo platform integrates an array of leading-edge computational and experimental approaches designed to drug-protein targets that have previously been intractable or inadequately addressed. The company is advancing a pipeline of medicine candidates to address targets in precision oncology and genetic disease, including product candidates, RLY-4008, RLY-2608, and GDC-1971 (formerly known as RLY-1971).
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Posted In: RLAY
