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Viridian Therapeutics price target lowered to $42 from $45 at RBC Capital

RBC Capital lowered the firm’s price target on Viridian Therapeutics (VRDN) to $42 from $45 and keeps an Outperform rating on the shares. The company reported Q4 EPS while disclosing that Veli’ PDUFA is just a few months away on June 30th, and if approved, Viridian is gearing up for a commercial launch in TED in mid-2026, the analyst tells investors in a research note. RBC adds it continues to like the set-up for Viridian in 2026 as the company could transition to commercial stage and move closer to profitability.

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