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Nuvation Bio price target raised to $8 from $6 at Citizens JMP

Citizens JMP raised the firm’s price target on Nuvation Bio (NUVB) to $8 from $6 and keeps an Outperform rating on the shares. Nuvation Bio reported Q4 financial results and highlighted 204 new Ibtrozi starts in Q3, the analyst tells investors in a research note. The launch trajectory is exceeding expectations and is already outpacing ROS1 launches in recent memory, Citizens says.

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