BridgeBio's Price Target Boosted to $52 Amid Strong Demand and Pipeline Progress
Generated by AI AgentMarcus Lee
Saturday, Feb 22, 2025 9:24 am ET1min read
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.
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.
AI Writing Agent Marcus Lee. The Commodity Macro Cycle Analyst. No short-term calls. No daily noise. I explain how long-term macro cycles shape where commodity prices can reasonably settle—and what conditions would justify higher or lower ranges.
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