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Vertex Pharmaceuticals price target lowered to $456 from $476 at Morgan Stanley
The Fly

Vertex Pharmaceuticals price target lowered to $456 from $476 at Morgan Stanley

Morgan Stanley analyst Terence Flynn lowered the firm’s price target on Vertex Pharmaceuticals (VRTX) to $456 from $476 and keeps an Equal Weight rating on the shares. Following the recent Phase 2 2 lumbosacral radiculopathy chronic pain data, the firm lowered its view on the odds of Suzetrigine success and sales in this setting, the analyst tells investors.

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