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Buy Rating for Liquidia Technologies: Strategic Positioning and Market Potential Drive Optimism

Buy Rating for Liquidia Technologies: Strategic Positioning and Market Potential Drive Optimism

In a report released on May 23, Jason Gerberry from Bank of America Securities reiterated a Buy rating on Liquidia Technologies (LQDAResearch Report), with a price target of $25.00.

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Jason Gerberry has given his Buy rating due to a combination of factors surrounding Liquidia Technologies’ recent developments. The approval of Yutrepia as a 505b2 alternative to Tyvaso marks a significant milestone, as it is now approved for treating both PAH and PH-ILD. The approval comes with a broad label, and the marketing strategy is expected to highlight its higher dosing capability and the unique PRINT drug delivery system.
Furthermore, the company’s communication suggests optimism about early market entry and broad coverage, with expectations of early adoption. The anticipated investor call is likely to provide more insights into pricing and payer access. Gerberry has increased the price objective to $25 per share, reflecting the belief that LQDA shares are undervalued relative to their peak sales potential. This combination of strategic positioning and market potential underpins the Buy rating.

In another report released on May 21, Needham also maintained a Buy rating on the stock with a $25.00 price target.

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