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Amylyx price target raised to $19 from $15 at BofA

BofA analyst Jason Gerberry raised the firm’s price target on Amylyx (AMLX) to $19 from $15 and keeps a Buy rating on the shares. The firm’s raised target reflects its updated view on lead drug, avexitide, in post-bariatric hypoglycemia, the analyst tells investors.

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