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The substantial target increase supports a cautiously bullish view, though it reflects one analyst's estimate.
What happened, with direct paths to the underlying reporting
H.C. Wainwright raised its GMAB target 40% to $70, about 22% above the posted price of $57.29. This is a bullish analyst opinion, not a company announcement.
Target: $70
Posted price: $57.29
Analyst firm: H.C. Wainwright
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