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Argenx price target raised to $660 from $540 at Truist

Truist raised the firm’s price target on Argenx (ARGX) to $660 from $540 and keeps a Buy rating on the shares after its Q3 earnings beat. The company delivered 11th consecutive sequential growth quarter and the stock offers the most enviable I&I – inflammation and immunology – pipeline in the industry, with multiple data read-outs over the next 12-18 months, the analyst tells investors in a research note.

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