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Viatris price target raised to $16 from $15 at Barclays

Barclays analyst Balaji Prasad raised the firm’s price target on Viatris to $16 from $15 and keeps an Overweight rating on the shares. The analyst says that while company’s 2023 revenue and EBITDA outlook is not a disappointment versus expectations, news on CEO change is a surprise.

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