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Verona Pharma price target raised to $76 from $57 at Truist

Truist analyst Joon Lee raised the firm’s price target on Verona Pharma (VRNA) to $76 from $57 and keeps a Buy rating on the shares after its Q4 earnings beat. The company’s prescriber base metrics shared imply continued launch momentum for Ohtuvayre, with 600 new prescriber adds per month, the analyst tells investors in a research note.

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