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Stock impact report

Analysts Keep Buy Ratings on Fractyl Health (GUTS) [Yahoo! Finance]

Fractyl Health, Inc. (GUTS) 
Company Research Source: Yahoo! Finance
rating on Fractyl Health, Inc. (NASDAQ:GUTS) with a price target of $8. This comes after a series of virtual meetings with the company's leadership, including Co-founder and Chief Executive Officer, Dr. Harith Rajagopalan, along with Head of Investor Relations and Corporate Development, Brian Luque. During the meetings, many key areas of the business were discussed, including the underlying mechanism of duodenal ablation, the Revita procedure and its clinical profile, current development and regulatory status, commercial opportunities for Fractyl Health, Inc. (NASDAQ:GUTS), reimbursements, and the six-month midpoint data readout from the REMAIN-1 study, which is expected in January. Canaccord Genuity pointed out that much of the discussion focused on the commercial opportunities for Fractyl Health, Inc. (NASDAQ:GUTS). These were supported by the positive clinical data that the company has shared so far. The research firm expressed confidence following these meetings. Previously, Show less Read more
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