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Oppenheimer upgrades BridgeBio on execution, data catalysts

Oppenheimer upgraded BridgeBio (BBIO) to Outperform from Perform with a $60 price target The firm expects the outperformance of BridgeBio shares to continue as 2025 Attruby sales beat consensus estimates. The commercial success of Attruby will be compounded by positive clinical results from autosomal dominant hypocalcemia type 1 and limb-girdle muscular dystrophy type 2i clinical trials towards the end of the year, the analyst tells investors in a research note. Oppenheimer cites confidence in BridgeBio’s execution and clinical catalysts late in 2025 for the upgrade.

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