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Viatris initiated with a Neutral at Goldman Sachs

Goldman Sachs initiated coverage of Viatris (VTRS) with a Neutral rating and $10 price target The firm awaits clarity on the company’s growth outlook given current structural dynamics in the core business and believes consensus estimates appear fair. On the generics side, it expects modest growth as Goldman monitors Viatris’ ability to more meaningfully off-set legacy product erosion via new product launches and portfolio optimization.

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