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Jade Biosciences price target raised to $17 from $14 at Guggenheim

Guggenheim raised the firm’s price target on Jade Biosciences (JBIO) to $17 from $14 and keeps a Buy rating on the shares. Following the company’s Q3 update, the firm made “incremental positive updates” across its IgAN model following KDIGO guideline revisions ratified in September, partially offset by increased share count, the analyst tells investors.

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