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Beam Therapeutics price target raised to $75 from $74 at Canaccord

Canaccord analyst Whitney Ijem raised the firm’s price target on Beam Therapeutics (BEAM) to $75 from $74 and keeps a Buy rating on the shares. The firm said BEAM’s 4Q25 earnings report was straightforward following the company’s early January strategic priorities announcement with two notable new announcements; a $500M financing agreement with Sixth Street and a new liver-targeted program, BEAM-304, for the treatment of PKU.

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