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Madrigal Pharmaceuticals price target raised to $587 from $526 at Canaccord

Canaccord raised the firm’s price target on Madrigal Pharmaceuticals (MDGL) to $587 from $526 and keeps a Buy rating on the shares. The firm updated its model to reflec the impending launch of Rezdiffra in the EU as well as coming out of 3Q earnings.

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