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Verona Pharma price target raised to $42 from $36 at H.C. Wainwright

H.C. Wainwright raised the firm’s price target on Verona Pharma (VRNA) to $42 from $36 and keeps a Buy rating on the shares post the Q3 report. The firm says Ohtuvayre beat its forecasts. Initial receptivity among key prescribing physicians appears highly favorable and indicative of broad market acceptance, the analyst tells investors in a research note.

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