HC Wainwright raises BridgeBio price target to $120
HC Wainwright & Co. analyst Raghuram Selvaraju maintained a Buy rating on BridgeBio Pharma and raised the price target to $120 from $110, signaling a positive outlook.

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HC Wainwright & Co. analyst Raghuram Selvaraju has maintained a Buy rating on BridgeBio Pharma (NASDAQ: BBIO) and increased the price target to $120 from $110. The revised target suggests an upside from the previous valuation set by the firm.
Analyst Rating and Price Target
The rating action reflects continued confidence in the company's prospects. The following table outlines the revised valuation:
| Metric | Value |
|---|---|
| Rating | Buy |
| Previous Price Target | $110 |
| New Price Target | $120 |
The adjustment in the price target indicates a revised outlook on the stock's performance potential.
What specific catalysts might drive BridgeBio Pharma's stock to reach the new $120 price target?
How could this rating upgrade influence investor sentiment and trading volume in the short term?
What are the potential risks that could prevent BridgeBio Pharma from achieving the revised valuation?






























