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Ionis Pharmaceuticals price target lowered to $60 from $61 at Raymond James

Ionis Pharmaceuticals price target lowered to $60 from $61 at Raymond James

Raymond James lowered the firm’s price target on Ionis Pharmaceuticals (IONS) to $60 from $61 and keeps a Strong Buy rating on the shares. Ionis beat nicely in Q4, and the 2025 floor guidance for revenue and operating loss appears reasonable as Ionis transitions to more of a commercial story, the analyst tells investors in a research note.

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