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PTC Therapeutics price target raised to $63 from $50 at TD Cowen

TD Cowen analyst Joseph Thome raised the firm’s price target on PTC Therapeutics (PTCT) to $63 from $50 and keeps a Hold rating on the shares. The firm said they posted a solid topline beat where nitial Sephience sales of $19.2MM beat the $4MM consensus, and surpassed the higher end of investor expectations.

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