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Geron initiated with an Outperform at Leerink

Leerink analyst Faisal Khurshid initiated coverage of Geron with an Outperform rating and $7 price target, and named it a Top Pick in the Emerging Immunology sector. The firm likes Geron for 2025 as it believes Rytelo has blockbuster potential in lower-risk myelodysplastic syndrome and thinks quarterly revenues over 2025 will begin to show this.

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