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AstraZeneca assumed with a Buy at Jefferies

Jefferies analyst Michael Leuchten assumed coverage of AstraZeneca (AZN) with a Buy rating and 15,000 GBp price target Given what the firm sees as likely outperformance of in-market oncology franchises and the biopharma pipeline, the firm argues that the company’s 2030 $80B sales target is “in sight and is lower risk than perceived.”

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