UCB: Jefferies raises target price

(CercleFinance.com) - Jefferies confirms its 'buy' recommendation on UCB shares, while raising its target price for them to E212, after increasing its peak sales expectation for Bimzelx to E7.
2bn (from E6.1bn previously).

With the recent divestment of legacy businesses, allowing us to focus more on growth drivers, we like the set-up for 2025 and think the share could go higher, the broker adds.


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