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Roche initiated with a Buy at Citi

Citi initiated coverage of Roche (RHHBY) with a Buy rating and CHF 400 price target The firm cites the company’s improving pipeline for the Buy rating. Royalties on Lilly’s oral orforglipron should also drive growth and margins from Q2 of 2026 for Roche, the analyst tells investors in a research note.

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