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ArriVent Biopharma price target raised to $39 from $36 at H.C. Wainwright

H.C. Wainwright raised the firm’s price target on ArriVent Biopharma (AVBP) to $39 from $36 and keeps a Buy rating on the shares after the company entered into an exclusive license agreement with Lepu Biopharma. The firm says ArriVent’s portfolio continues to broaden with the MRG007 license.

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