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Why Xeris Pharmaceuticals Is Soaring 7% Higher Today

TheMotleyFool

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Why Xeris Pharmaceuticals Is Soaring 7% Higher TodayPhoto, wide shot, wide-angle lens, Medical device manufacturer, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Michael Light: https://img.theapi.app/temp/3a7f6312-1eee-4702-9005-93cc1e62f970.png

Shares of Xeris Pharmaceuticals (NASDAQ: XERS) were jumping 7% higher heading into noontime trading Friday after analyst coverage of the specialty biopharma began the day with a buy rating.

H.C. Wainwright analyst Oren Livnat also assigned a $4-per-share price target on Xeris, which is more than double where the stock closed yesterday.

Image source: Getty Images.

Source Fool.com

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