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Ionis Pharmaceuticals price target raised to $63 from $62 at Piper Sandler

Piper Sandler raised the firm’s price target on Ionis Pharmaceuticals to $63 from $62 and keeps an Overweight rating on the shares following quarterly results. The Q4 print itself was solid as total revenue of $325M easily beat consensus, and full year 2024 guidance largely aligned with expectations, Piper says.

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