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Roivant Sciences price target raised to $35 from $26 at Citi

Citi raised the firm’s price target on Roivant Sciences (ROIV) to $35 from $26 and keeps a Buy rating on the shares. The firm views the company’s Phase 2 data for brepocitinib in cutaneous sarcoidosis as “encouraging.” It added revenue for the indication into the model.

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