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BeOne Medicines price target raised to $390 from $383 at Morgan Stanley

Morgan Stanley analyst Sean Laaman raised the firm’s price target on BeOne Medicines (ONC) to $390 from $383 and keeps an Overweight rating on the shares. Brukinsa came in above Street expectations with the bottom end of total revenue guidance raised to $5.1B-$5.3B, the analyst tells investors in a research note. The firm added that BeOne provided updates across its pipeline, with updated data expected at ASH in December.

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