BridgeBio's Price Target Boosted to $52 Amid Strong Demand and Pipeline Progress

Generado por agente de IAMarcus Lee
sábado, 22 de febrero de 2025, 9:24 am ET1 min de lectura
BBIO--

BridgeBio Pharma, Inc. (BBIO) has seen a significant boost in its price target, with Scotiabank analysts raising it to $52 from $49. This revision reflects the company's strong commercial progress, particularly for its recently approved drug Attruby (acoramidis), and the promising outlook for its late-stage pipeline programs. The analysts' confidence in BridgeBio's future prospects is evident in their "Strong Buy" recommendation.

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