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GSK price target raised to $53 from $52.50 at Jefferies

Jefferies analyst Peter Welford raised the firm’s price target on GSK to $53 from $52.50 and keeps a Buy rating on the shares. Q2 sales and profits should be broadly in-line with consensus and the 2024 outlook could be raised again when the company reports on July 31, the analyst tells investors in a preview note for the EU pharma group.

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