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United Therapeutics initiated with an Outperform at RBC Capital

RBC Capital initiated coverage of United Therapeutics (UTHR) with an Outperform rating and $569 price target The firm views the company as a leader in rare lung diseases with a $2B blockbuster franchise in Tyvaso. United Therapeutics has a “resilient” base business and “multiple pipeline shots on goal,” the analyst tells investors in a research note. RBC’s conversations with five key onion leaders and survey of 36 pulmonologists leave it bullish on the shares.

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