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Viridian Therapeutics price target raised to $46 from $40 at B. Riley

B. Riley analyst Kalpit Patel raised the firm’s price target on Viridian Therapeutics to $46 from $40 and keeps a Buy rating on the shares. After Viridian presented data from a low dose cohort of VRDN-001, Patel said the results "surprised to the upside with unexpected clinical activity" and argues that potential efficacy superiority to competitor Tepezza is "increasingly likely."

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