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JPMorgan ups Oric target, removes from Analyst Focus List

JPMorgan raised the firm’s price target on Oric Pharmaceuticals to $19 from $17 and keeps an Overweight rating on the shares. The analyst also removed the shares from the firm’s Analyst Focus List. The analyst has a “very positive outlook” on the shares, but says the firm’s “choose your own adventure” thesis related to ORIC-114, ORIC-944 and ORIC-533 has now played out with data updates over the course of the past six months.

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