As previously reported, Guggenheim downgraded Travere Therapeutics to Neutral from Buy with no price target. The firm lowered it estimates for Travere’s Filspari and downgraded shares given the smaller role the firm expects Filspari to have in the IgA nephropathy, or IgAN, treatment space once multiple APRIL/BAFF inhibitors enter the U.S. market in the 2026 timeframe.
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