Canaccord analyst Whitney Ijem assumed coverage of Ultragenyx (RARE) with a Buy rating and $90 price target, arguing that the company has been built into "an impressive, and truly patient-focused, rare disease company." She likes the combination of a growing top line and multi-modal earlier stage pipeline along with the company’s commitment to R&D spending discipline, likening Ultragenyx to "an earlier stage (baby)" BioMarin (BMRN).
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Published first on TheFly
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