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Apellis price target raised to $100 from $81 at Baird

Baird analyst Colleen Kusy raised the firm’s price target on Apellis to $100 from $81 and keeps an Outperform rating on the shares. The firm said following the prior strong 4Q23 pre-announcement, focus was on commentary on 1Q24 and cash guidance and Baird ncreasing its Syfovre estimates in 2024 and beyond.

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