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Immunovant price target raised to $23 from $22 at Truist

Truist analyst Danielle Brill raised the firm’s price target on Immunovant (IMVT) to $23 from $22 and keeps a Hold rating on the shares. The firm has updated it model to incorporate financial updates announced in the company’s 10-Q, which had marginal impacts to forward OpEx and share count projections, the analyst tells investors in a research note.

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