
Daniel Brennan Reiterates Buy on Strong Galleri Momentum, Clinical Catalysts, and Raises Price Target to $69

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TD Cowen analyst Daniel Brennan has reiterated a Buy rating on GRAIL Inc, raising the price target to $69. This decision is based on strong first-quarter performance, robust uptake of the Galleri test, and a 50% growth in volume. Upcoming clinical and regulatory catalysts, including data releases at ASCO and positive feedback from oncologists, further support his optimistic outlook on the company's market potential and cash position.
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