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BridgeBio price target raised to $88 from $85 at BofA

BofA analyst Jason Zemansky raised the firm’s price target on BridgeBio (BBIO) to $88 from $85 and keeps a Buy rating on the shares. Given the level of pre-announcements, upcoming Q4 earnings “may not have the same impact they’ve had in prior years,” the analyst tells investors in a preview for the firm’s biopharma coverage.

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