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Argenx price target raised to $533 from $504 at H.C. Wainwright

H.C. Wainwright raised the firm’s price target on Argenx to $533 from $504 and keeps a Buy rating on the shares following the Q2 beat. The analyst says Vyvgart “has rebutted the doubters with a sharp recovery to growth.” The firm expects Argenx’s cash burn to continue to moderate.

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