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Vertex Pharmaceuticals sees stock rise as Bank of America raises price target despite lower earnings.
Vertex Pharmaceuticals' stock has seen a boost, with Bank of America raising its price target to $567.00, up from $555.00, and maintaining a strong buy rating.
Despite reporting lower than expected earnings per share of $3.54 for the latest quarter, the company, known for its cystic fibrosis treatments, has a market cap of $124.16 billion and is viewed favorably by analysts with a "Moderate Buy" consensus.
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Vertex Pharmaceuticals ve el aumento de las acciones mientras Bank of America aumenta el objetivo de precios a pesar de las menores ganancias.