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Ionis Pharmaceuticals price target raised to $69 from $65 at Citi

Citi raised the firm’s price target on Ionis Pharmaceuticals (IONS) to $69 from $65 and keeps a Buy rating on the shares following the FDA approval of Dawnzera. The firm says that while the monthly dose price of $57,462 is higher than Takhzyro and Orladeyo, Dawnzera has a lower annual price given its every-other-month dosing.

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