Canaccord Genuity Downgrades Neoleukin Therapeutics (NLTX) to Hold

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Stifel Downgrades Neoleukin Therapeutics (NLTX) to Hold

November 15, 2022 4:58 AM EST

Stifel analyst Benjamin Burnett downgraded Neoleukin Therapeutics (NASDAQ: NLTX) from Buy to Hold with a price target of $0.90 (from $14.00).

The analyst comments "We are downgrading shares to Hold following managements decision to discontinue development of lead asset NL-201 (next-gen IL-2 analogue). Management... More