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Omeros price target raised to $40 from $20 at H.C. Wainwright

H.C. Wainwright analyst Brandon Folkes raised the firm’s price target on Omeros (OMER) to $40 from $20 and keeps a Buy rating on the shares. The firm cites the approval of Yartemlea for hematopoietic stem cell transplant-associated thrombotic microangiopathy for the target boost. The analyst views the approval as a “critical inflection point” for Omeros.

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