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BridgeBio price target raised to $102 from $95 at Truist

Truist analyst Danielle Brill raised the firm’s price target on BridgeBio (BBIO) to $102 from $95 and keeps a Buy rating on the shares. The firm notes that the Vyndamax IP settlement to mid-2031 represents an upside scenario to the company’s Attruby asset as its prior base case assumed loss of exclusivity by 2028-end, the analyst tells investors in a research note.

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