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Dianthus price target raised to $42 from $34 at Wedbush

Wedbush raised the firm’s price target on Dianthus (DNTH) to $42 from $34 and keeps an Outperform rating on the shares. The firm added claseprubart in the chronic inflammatory demyelinating polyneuropathy setting into the model. Data points from Sanofi (SNY) provide a read through for claseprubart’s potential CIDP utility, the analyst tells investors in a research note. Wedbush says that given claseprubart’s increased potency and similar trial design versus riliprubart, it likes the chances for claseprubart success in CIDP.

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