TD Cowen analyst Yaron Werber raised the firm’s price target on SpringWorks Therapeutics (SWTX) to $66 from $63 and keeps a Buy rating on the shares. The firm noted FDA aproval for Gomekli is differentiated for adult/ped NF1-PN versus AstraZeneca’s (AZN) Koselugo on safety while also noting the company is in talks with Merck KgaA for what could be in the range of $6-7.5B takeout.
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Read More on SWTX:
- SpringWorks Therapeutics price target raised to $66 from $63 at TD Cowen
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