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Longboard Pharmaceuticals price target raised to $50 from $45 at Citi

Citi analyst David Hoang raised the firm’s price target on Longboard Pharmaceuticals to $50 from $45 and keeps a Buy rating on the shares post the Q2 report. The firm is becoming increasingly comfortable with the “Other DEE” indication representing a near blockbuster opportunity for bexicaserin on its own, and potentially larger than Dravet.

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