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Biohaven price target raised to $32 from $26 at JPMorgan

JPMorgan analyst Tessa Romero raised the firm’s price target on Biohaven to $32 from $26 and keeps an Overweight rating on the shares. The analyst believes investor interest is building around the company’s degrader platform. Holding a “vast portfolio” with potentially de-risking shots on goal in 2024 and beyond, Biohaven is an attractive stock for investors looking for growth, the analyst tells investors in a research note.

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