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Lantheus price target lowered to $80 from $95 at TD Cowen

TD Cowen lowered the firm’s price target on Lantheus (LNTH) to $80 from $95 and keeps a Buy rating on the shares. The firm lowered our Pylarify pricing assumptions for 2025-2026, which should begin to recover in 2027 upon potential approval of the new formulation. They also increased their OpEx estimates, resulting in decreased 2025 EPS that is consistent with the company’s guidance.

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