Morgan Stanley raised the firm’s price target on Mirum Pharmaceuticals (MIRM) to $81 from $75 and keeps an Overweight rating on the shares. For volixibat, which the firm believes “could drive the next wave of growth,” it expects focus to be on comments related to Phase 2b Primary Sclerosing Cholangitis data expected in Q2 of 2026 and the Phase 2b study in Primary Biliary Cholangitis that is expected to complete enrollment next year, the analyst tells investors in a preview.
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