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Liquidia price target raised to $62 from $51 at Wells Fargo

Wells Fargo raised the firm’s price target on Liquidia (LQDA) to $62 from $51 and keeps an Overweight rating on the shares. The firm says Yutrepia appears to be disrupting the pulmonary arterial hypertension and pulmonary hypertension associated with interstitial lung disease market, and Wells anticipates this level of growth continues through Q2. The firm is also lifting its near-term Yutrepia estimate.

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