Oppenheimer analyst Trevor Allred raised the firm’s price target on Dianthus (DNTH) to $62 from $60 and keeps an Outperform rating on the shares. The firm notes Dianthus reported a Q3 net loss of $37M, in line with its $36M estimate. Oppenheimer’s focus is narrowing onto CIDP, as claseprubart’s Phase 3 enrollment looks to be garnering subjects from Sanofi’s (SNY) riliprubart and other therapeutic options. The firm expects CIDP results to garner more investor attention.
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