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Xenon Pharmaceuticals price target raised to $74 from $53 at H.C. Wainwright

H.C. Wainwright raised the firm’s price target on Xenon Pharmaceuticals (XENE) to $74 from $53 and keeps a Buy rating on the shares following the Phase 3 data for azetukalner. The firm views the readout as a “clear win.” It increased the probability of success for atezukalner in focal onset seizures to 90% from 67%.

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