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Guggenheim Securities maintains Buy rating on LB Pharmaceuticals, selects as Top Investment Idea

Investing.com · ·by G4L

LBRX
LBRX LB Pharmaceuticals Inc
$42.46 -5.03%
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  1. 1Guggenheim Securities reaffirmed its Buy rating for LB Pharmaceuticals.
  2. 2Guggenheim Securities' price target of $80 represents approximately 102% upside potential compared to LB Pharmaceuticals' stock price of $39.64 as of the October 28 report.
  3. 3The probability of success for LB-102 as a schizophrenia treatment is projected at 75%.

So what's the key point?

Guggenheim Securities has again recommended buying LB Pharmaceuticals stock. They expect the stock to rise further, viewing the probability of success for its schizophrenia treatment at 75%.

Source Investing.com · View original ↗

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