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Novartis price target raised to $178 from $163 at BofA

BofA analyst Sachin Jain raised the firm’s price target on Novartis (NVS) to $178 from $163 and keeps a Buy rating on the shares. The firm raised its target to reflect recent upgrades to its view of the odds of success for key pipeline assets including remibrutinib, del-desiran, del-brax and pelacarsen, the analyst tells investors.

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