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Disc Medicine price target raised to $110 from $90 at Wedbush

Wedbush analyst David Nierengarten raised the firm’s price target on Disc Medicine (IRON) to $110 from $90 and keeps an Outperform rating on the shares. The firm notes the company received a Commissioner’s National Priority Voucher, reducing drug application review time for bitopertin to 1-2 months. Wedbush expects FDA to decide on Priority Review for bitopertin in EPP/XLP in late November/early December based on a September 30 NDA submission, which could imply regulatory approval by early February 2026.

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