Aura Biosciences Inc: Strong Buy Rating Backed by Promising Clinical Progress and Strategic Oncology Expansion
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H.C. Wainwright's Andres Y. Maldonado reiterated a Buy rating for Aura Biosciences Inc, with a $22 price target. The rating is supported by promising clinical progress, including the Phase 3 CoMpass trial in choroidal melanoma, and strategic expansion into oncology areas like bladder cancer. The company has received Orphan Drug and Fast Track designations for its bel-sar treatment, indicating potential effectiveness and importance. These factors suggest strong potential for value inflection.
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