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Revolution Medicines price target raised to $185 from $170 at BofA

BofA analyst Alex Stranahan raised the firm’s price target on Revolution Medicines (RVMD) to $185 from $170 and keeps a Buy rating on the shares. The Q1 report “largely reinforced what we’d characterize as best-case RASolute 302 data” ahead of the full presentation at ASCO, the analyst tells investors.

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