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AnaptysBio price target raised to $45 from $40 at Wedbush

Wedbush raised the firm’s price target on AnaptysBio (ANAB) to $45 from $40 and keeps an Outperform rating on the shares after the company reported earnings, confirmed stock buybacks, and disclosed celiac disease as the lead indication for CD122 antagonist mAb ANB033. A remaining $19.5MM is available for stock buybacks, which the firm expects the company to achieve this quarter.

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