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Why Ultragenyx Pharmaceutical Stock Is Bouncing Back Today


While Pharmaceutical (NASDAQ: RARE) provided the market with disappointing news yesterday -- shares plunged more than 42% -- it appears that investors aren't completely writing off the company's potential as a developer of treatments for rare diseases. A firm's favorable view of Ultragenyx stock is motivating some investors to click the buy button today, helping the stock recover from its recent decline.

As of 2:51 p.m. ET, shares of Ultragenyx are up 13.2%.

Image source: Getty Images.

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Source Fool.com

Ultragenyx Pharmaceutical Inc. Stock

€19.80
0.000%
There is no change in the price for Ultragenyx Pharmaceutical Inc. today.
The stock is an absolute favorite of our community with 27 Buy predictions and no Sell predictions.
Based on the current price of 19.8 € the target price of 57 € shows a potential of 187.88% for Ultragenyx Pharmaceutical Inc. which would more than double the current price.
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