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BioCryst price target raised to $13 from $11 at RBC Capital

RBC Capital raised the firm’s price target on BioCryst (BCRX) to $13 from $11 and keeps an Outperform rating on the shares after its Q1 results. The company’s fundamentals continue to improve, with an Orladeyo beat/raise driven by more rapid paid drug conversion, debt payback on a faster schedule, and profitability now expected this year, the analyst tells investors in a research note.

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