Akero a new buy at Citi on liver disease asset

Hiroshi Watanabe Citi has initiated coverage of Akero Therapeutics ( NASDAQ: AKRO ) at buy saying that its key pipeline candidate efruxifermin for metabolic dysfunction-associated steatohepatitis (MASH) could represent best-in-disease treatment potential. The investment bank has a $65 price target (~131% upside based on Nov. 15 close).

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