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Vertex Pharmaceuticals price target raised to $459 from $450 at Morgan Stanley

Vertex Pharmaceuticals price target raised to $459 from $450 at Morgan Stanley

Morgan Stanley analyst Terence Flynn raised the firm’s price target on Vertex Pharmaceuticals (VRTX) to $459 from $450 and keeps an Equal Weight rating on the shares. The company posted a Q4 beat and gave first time 2025 revenue and expense guidance that bracketed consensus, notes the analyst, who adds that the focus looking ahead is on the Journavx and Alyftrek launches.

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