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Ultragenyx price target lowered to $45 from $50 at Citi

Citi lowered the firm’s price target on Ultragenyx (RARE) to $45 from $50 and keeps a Buy rating on the shares post the earnings report. The firm cites the “uneven” ordering patterns for Crysvita in Latin America and Ultragenyx’s new guidance for 2026 for the target cut.

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