Financial PerformanceAll key metrics have outperformed and the company is on track to meet or exceed its $4.7B 2030 revenue target.
Portfolio ExpansionRPRX is in the early stages of a multi-year portfolio expansion that is underappreciated in the context of a large, growing market for royalty funding, with additional potential tailwinds from China biotech innovation trends.
Price Target IncreaseThe price target for Royalty Pharma PLC has been increased from $42.00 to $45.00.