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Rhythm Pharmaceuticals price target raised to $135 from $130 at Citizens JMP

Citizens JMP raised the firm’s price target on Rhythm Pharmaceuticals (RYTM) to $135 from $130 and keeps an Outperform rating on the shares. Sales of imcivree remain strong with setmelanotide approval in HO likely next year and multiple readouts in the near-term, the analyst tells investors in a research note.

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