BofA analyst Geoff Meacham raised the firm’s price target on Vertex Pharmaceuticals to $400 from $350 and keeps a Buy rating on the shares. The firm has “above consensus” top and bottom-line forecasts for Vertex in Q2 as it continues to expect outperformance on the CF franchise, the analyst tells investors in an an earnings preview for the U.S. Biopharma group.
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