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Cartesian climbs as Wedbush starts with Overweight on cell therapy platform

4 days ago 8

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Dmitry Vinogradov

  • Shares of Cartesian Therapeutics (NASDAQ:RNAC) climbed ~23% on Wednesday after Wedbush initiated the Frederick, Maryland-based biotech with an Overweight recommendation and a $38 price target, citing its mRNA cell therapy platform targeted at autoimmune diseases.
  • Wedbush analyst Martin Fan argued

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