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Vertex Pharmaceuticals price target raised to $570 from $564 at Morgan Stanley

Morgan Stanley analyst Terence Flynn raised the firm’s price target on Vertex Pharmaceuticals (VRTX) to $570 from $564 and keeps an Overweight rating on the shares. Pove commentary on the Q4 call was encouraging ahead of IgAN Phase 3 interim data expected near-term, the analyst tells investors in a research note.

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