Stephens analyst Sudan Loganathan raised the firm’s price target on Arvinas (ARVN) to $15 from $14 and keeps an Overweight rating on the shares. Q3 results were broadly in-line, notes the analyst, who sees forward value in ARV-393, ARV-102, and ARV-806 given “encouraging” early data across these assets and now incorporates ARV-102 into the firm’s valuation framework.
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