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Analysts at Aegis lowered their price target on shares of BioLineRx (NASDAQ: BLRX) from $11.00 to $7.00 in a research report issued to clients and investors on Wednesday. The firm currently has a “buy” rating on the stock.

BioLineRx (NASDAQ: BLRX) traded down 53.02% on Wednesday, hitting $1.7899. BioLineRx has a 52-week low of $2.20 and a 52-week high of $5.10. The stock’s 50-day moving average is currently $3.9. The company’s market cap is $39.5 million.

BioLineRX Ltd. is an Israel-based company engaged in identifying and following the critical pathway to commercialization of therapeutic compounds.

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