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NewAmsterdam Pharma price target raised to $50 from $42 at Citi

Citi raised the firm’s price target on NewAmsterdam Pharma (NAMS) to $50 from $42 and keeps a Buy rating on the shares as part of a Q3 preview for the biotechnology group. The firm believes investor interest in the smaller cap biotech names is building, which could set the group up well for 2026.

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