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Ionis Pharmaceuticals price target raised to $100 from $95 at H.C. Wainwright

H.C. Wainwright raised the firm’s price target on Ionis Pharmaceuticals (IONS) to $100 from $95 and keeps a Buy rating on the shares. The firm recommends buying the shares of the American Heart Association meeting next month. The firm sees a potential $4B sales opportunity for olezarsen. Talks with management suggest “deeper efficacy, wider reach, and defensible mid-teens pricing,” the analyst tells investors in a research note.

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