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vaccine market dynamicsInvestor's Business Daily
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Moderna stock tumbled again Friday on a series of downgrades and price-target cuts following a "tough update" at its R&D Day.
Moderna said Thursday it plans to slash its research and development budget by $1.1 billion in 2027 .
The company also issued light sales guidance for 2025 and pushed its break-even point out two years to 2028 .
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