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BridgeBio initiated with a Buy at Truist

Truist analyst Danielle Brill initiated coverage of BridgeBio (BBIO) with a Buy rating and $66 price target The Attruby launch in transthyretin amyloidosis appears to be off to a strong start and should continue to beat expectations, the analyst tells investors in a research note. The firm projects the ATTR-CM market to grow to roughly $20B, and sees unrealized value for Attruby.

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