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Scholar Rock price target raised to $55 from $44 at Truist

Truist analyst Srikripa Devarakonda raised the firm’s price target on Scholar Rock (SRRK) to $55 from $44 and keeps a Buy rating on the shares. The firm cites the company’s earnings call where the management remained positive on the developments at Catalent and Scholar Rock’s ability to resubmit apitegromab’s BLA in 2026, potentially supporting FDA approval and launch in 2026, the analyst tells investors in a research note.

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