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Roivant Sciences price target raised to $41 from $38 at TD Cowen

TD Cowen raised the firm’s price target on Roivant Sciences (ROIV) to $41 from $38 and keeps a Buy rating on the shares. The firm said IMVT-1402 toplined impressive Ph2b D2T RA data with ACR20 of 73%, ACR50 of 55%, and ACR70 of 36%. Cowen said there are many more catalysts on deck.

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