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midastouch017

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midastouch017

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Friday, 01/28/2022 8:21:30 AM

Friday, January 28, 2022 8:21:30 AM

Post# of 367
Wells Fargo analyst Jacob Hughes reiterated an Overweight rating and $7.00 price target on MediWound Ltd (NASDAQ: MDWD) after the company reported positive top-line results from its USPh2 adaptive design study of EscharEx for the debridement of venous leg ulcers (VLUs).

The analyst stated "We reiterate our Overweight rating and continue to believe the market is undervaluing MDWD's pipeline. While the sentiment in sector is clearly a near-term headwind, overtime, we expect MDWD's valuation to improve as it executes on NexoBrid and EscharEx's potential."

https://www.streetinsider.com/Analyst+Comments/MediWound+Ltd+%28MDWD%29+Reports+Positive+Ph2+EscharEx+Data+-+Wells+Fargo/19499259.html
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