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Amylyx price target raised to $20 from $16 at H.C. Wainwright

H.C. Wainwright analyst Andrew Fein raised the firm’s price target on Amylyx (AMLX) to $20 from $16 and keeps a Buy rating on the shares. With the pivotal LUCIDITY trial on track for topline data in 2026, the firm remains “enthusiastic about avexitide” and thinks it is positioned to become the first potential therapy for PBH, the analyst tells investors.

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