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BridgeBio price target raised to $95 from $86 at Truist

Truist analyst Danielle Brill raised the firm’s price target on BridgeBio (BBIO) to $95 from $86 and keeps a Buy rating on the shares. The company had pre-announced Q4 Attruby sales of $146M, up 35% from Q3, in January, which solidly beat estimates for the quarter, and the performance was importantly driven by an acceleration in the pace of new patient adds, which appears to be continuing, the analyst tells investors in a research note.

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