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Vera Therapeutics price target raised to $61 from $59 at Guggenheim

Guggenheim analyst Vamil Divan raised the firm’s price target on Vera Therapeutics (VERA) to $61 from $59 and keeps a Buy rating on the shares. Vera’s strengthened balance sheet, bolstered by two 2024 equity offerings that amount to about $600M in net proceeds, positions it well through potential 2026 commercialization, the analyst tells investors in a post-Q4 note.

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