Truist raised the firm’s price target on Insmed (INSM) to $214 from $139 and keeps a Buy rating on the shares. The company’s Q3 results showcased Insmed’s robust commercial execution with two commercial products beating consensus expectations, and the firm expects concerns around market access for Brinsupri to eventually be resolved as physician awareness of this first in disease therapy increases, the analyst tells investors in a research note.
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