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Verona Pharma price target raised to $92 from $83 at Roth Capital

Roth Capital raised the firm’s price target on Verona Pharma (VRNA) to $92 from $83 and keeps a Buy rating on the shares after its Q1 results. The company’s Ohtuvayre’s launch performance continues to impress, achieving $71.3M in product sales in Q1 – up 95% from Q4 – and with prescriptions growing by 56%, the analyst tells investors in a research note.

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