Vertex Pharmaceuticals Incorporated Raises Price Target Following Encouraging Phase 3 Trial Results for IgAN Treatment.
ByAinvest
Tuesday, Mar 24, 2026 7:35 am ET1min read
VRTX--
Truist Securities raised its price target for Vertex Pharmaceuticals to $525 from $490, citing encouraging Phase 3 trial results for its IgAN treatment. The trial satisfied all primary and secondary objectives and demonstrated a strong safety profile. However, Stifel remains uncertain about the medication's competitiveness in the saturated IgAN market. Vertex Pharmaceuticals is a global biotechnology company focused on cystic fibrosis and genetic disorders.
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