Baird analyst Brian Skorney raised the firm’s price target on Vertex Pharmaceuticals to $325 from $280 and keeps a Neutral rating on the shares. The analyst said they put up another impressive quarter and the pipeline has really come into focus with next-gen triple data coming by year-end, which can extend the franchise’s IP further while improving margins.
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Published first on TheFly
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Read More on VRTX:
- Vertex Pharmaceuticals price target raised to $384 from $342 at Barclays
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