Piper Sandler raised the firm’s price target on Viatris (VTRS) to $12 from $9 and keeps a Neutral rating on the shares ahead of quarterly results. The firm cites strength for the brand business across a range of geographies, as well as the likelihood of continued steady contribution in developed markets from new product launches.
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Read More on VTRS:
- Viatris announces Inpefa launch in the United Arab Emirates
- Argus upgrades Viatris to Buy on expected buybacks, debt reduction
- Viatris upgraded to Buy from Hold at Argus
- Viatris says no longer going through period of revenue, EBITDA decline
- Viatris names Lara Ramsburg as Chief People and Corporate Affairs Officer
