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Apellis price target raised to $24 from $23 at BofA

BofA raised the firm’s price target on Apellis (APLS) to $24 from $23 and keeps a Neutral rating on the shares. Apellis has not provided sales guidance for Syfovre, which would provide more visibility on expectations for the Syfovre launch at this point, the analyst tells investors in a research note.

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