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GLTO: UBS Initiates Coverage with a 'Buy' Rating and $45 PT | GL
UBS has initiated coverage on Galecto (GLTO) with a ‘Buy’ rating and a price target of $45.00. This follows recent positive analyst coverage from Leerink Partners and Guggenheim. Galecto is a clinical-stage biotechnology company focused on developing therapeutics for cancer and liver diseases, including treatments for idiopathic pulmonary fibrosis (IPF) and non-alcoholic steatohepatitis (NASH).