BofA raised the firm’s price target on Liquidia to $15 from $13 and keeps a Buy rating on the shares. The firm noted Liquidia was trading with strength during the session after the announcement of a positive legal resolution regarding the ‘793 patent after the recent appeal, which clears a path for the full approval and launch of Yutrepia in pulmonary arterial hypertension. The firm noted that Liquidia is primed for a full approval and launch of Yutrepia.
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