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bluebird bio (BLUE) shares rally as Morgan Stanley believes lovo-cel likely to be approved by December PDUFA date

December 8, 2023 10:20 AM EST

bluebird bio (NASDAQ: BLUE) shares jumped Friday after Morgan Stanley analyst Jeffrey Hung raised the stock to Equal-Weight from Underweight, lifting the price target to $7 from $3 per share.

BLUE shares are up more than 11% at the time of writing, trading at around... More