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Verona Pharma price target raised to $90 from $85 at H.C. Wainwright

H.C. Wainwright raised the firm’s price target on Verona Pharma (VRNA) to $90 from $85 and keeps a Buy rating on the shares. The firm anticipates that Ohtuvayre sales should be incrementally higher than originally forecast, given the lower level of competition in the wake of potential delays to the approval and market entry of itepekimab.

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