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Ultragenyx price target raised to $83 from $73 at BofA

BofA analyst Tazeen Ahmad raised the firm’s price target on Ultragenyx to $83 from $73 and keeps a Buy rating on the shares. The firm continues to be encouraged by the performance of the company’s commercial franchise and model FY24 Crysvita sales in line with company guidance, the analyst tells investors. The firm continues to highlight Ultragenyx as one of its top picks of 2025 given its catalyst rich pipeline in high unmet need rare disease indicators.

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