Piper Sandler analyst Yasmeen Rahimi raised the firm’s price target on Madrigal Pharmaceuticals (MDGL) to $400 from $336 and keeps an Overweight rating on the shares. On the heels of Madrigal reporting preliminary net REZDIFFRA sales of about $100M-$103M and $177M-$180M, the firm believes 2025 should be a key year of growth for the stock.
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