Guggenheim analyst Debjit Chattopadhyay raised his 2023 revenue estimate for Ionis Pharmaceuticals to $566M from $463M to account for greater collaboration revenue from ongoing mid-to-late stage studies as well as joint development revenue. The analyst, who anticipates the approvals of tofersen and eplontersen in 2023, keeps a Buy rating on Ionis shares with a $64 price target.
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Published first on TheFly
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