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Halozyme price target raised to $92 from $91 at Citizens JMP

Citizens JMP raised the firm’s price target on Halozyme (HALO) to $92 from $91 and keeps an Outperform rating on the shares. Halozyme reported a strong quarter driven by indication and global expansion of ENHANZE partnered products, the analyst tells investors in a research note. The firm expects Halozyme to achieve 2026 EBITDA of more than $1B, a milestone it would reach a year ahead of prior long-term guidance.

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