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AnaptysBio price target raised to $140 from $100 at Guggenheim

Guggenheim raised the firm’s price target on AnaptysBio (ANAB) to $140 from $100 and keeps a Buy rating on the shares. Following positive Phase I data for ANB033, the firm added its valuation in celiac disease and other indications and it additionally estimates Jemperli royalties to be worth $45 per share, the analyst tells investors.

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