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Argenx price target raised to $533 from $458 at TD Cowen

TD Cowen raised the firm’s price target on Argenx to $533 from $458 and keeps an Outperform rating on the shares. The firm noted its ADHERE CIDP study hits all major endpoints with highly competitive relapse rate in Stage B and 67% response rate in Stage A and supports Vyvgart Hytrulo as a very attractive therapy.

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