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BeOne Medicines price target raised to $420 from $410 at Guggenheim

Guggenheim analyst Michael Schmidt raised the firm’s price target on BeOne Medicines (ONC) to $420 from $410 and keeps a Buy rating on the shares after the company reported a topline beat in Q1 accompanied by a raise of 2026 guidance. The firm is updating its model to reflect Q1 results and guidance, calling BeOne its mid-cap top pick.

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