UBS analyst David Lai raised the firm’s price target on Blueprint Medicines (BPMC) to $129 from $88 and keeps a Neutral rating on the shares after Sanofi (SNY) announced its intention to acquire Blueprint for up to $9.5B including a contingent value right.
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Read More on BPMC:
- Blueprint Medicines price target raised to $129 from $102 at Morgan Stanley
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- Blueprint Medicines upgraded to Neutral from Sell at Citi
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