Cantor Fitzgerald keeps an Overweight rating on Vera Therapeutics (VERA) with a $100 price target after non-profit Kidney Disease: Improving Global Outcomes released updated guidelines for immunoglobulin A nephropathy. The firm sees “direct positive implications” for Vera’s atacicept, saying the drug has shown the ability to reduce pathogenic IgA and glomerular injury. Cantor continues to believe the size of the IgA market remains underestimated. Vera in afternoon trading is up 7% to $26.15.
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