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Vertex Pharmaceuticals price target raised to $360 from $350 at TD Cowen

TD Cowen analyst Phil Nadeau raised the firm’s price target on Vertex Pharmaceuticals to $360 from $350 and keeps an Outperform rating on the shares. Inaxaplin has produced strong POC in APOL-1 mediated focal segmental glomerulosclerosis and pivotal development is progressing in APOL1 mediated kidney disease, the analyst tells investors in a research note.

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