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0 0.0106075216972034 0.0106075216972034 0.0106075216972034 0.00289296046287361 0.00289296046287361 -0.000964320154291204 0.0106075216972034
Stock impact report

Roivant Sciences price target lowered to $12 from $13 at BofA [Yahoo! Finance]

Roivant Sciences Ltd. (ROIV) 
Company Research Source: Yahoo! Finance
In This Article ROIV IMVT BofA lowered the firm's price target on Roivant Sciences ( ROIV ) to $12 from $13 and keeps a Neutral rating on the shares. The fiscal Q3 call was “relatively uneventful” besides an announcement for initiating a Phase 2 trial for brepocitinib in cutaneous sarcoidosis, the analyst tells investors. The firm continues like the opportunity sets for IMVT -1402, but sees the rest of Roivant's (ROIV) pipeline as relatively early, says the analyst, who views Roivant and Immunovant (IMVT) as “tightly linked to 2025 pipeline updates” for first-generation FcRn drug batoclimab given that Roivant now owns 57% of Immunovant. Maximize Your Portfolio with Data Driven Insights: Leverage the power of TipRanks' Smart Score , a data-driven tool to help you uncover top performing stocks and make informed investment decisions. Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio Published first on TheFly – Show less Read more
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