Jul. 22 at 12:10 PM
Citizens reiterated
$MDGL Mkt OP/
$470 after its 2Q25 survey showed a 46% prescription rate for Rezdiffra (up from 42% in its 1Q survey)"
$IVA $AKRO $ALGS $VKTX ETNB SGMT LLY #MASH
Citizens in its note to investors said, "Our 2Q25 survey shows a 46% prescription rate for Rezdiffra (up from 42% in our 1Q survey), with ~60% of patients on paid drug and consistent high persistence; we reiterate our Market Outperform rating and
$470 risk-adjusted, DCF-derived price target on Madrigal Pharmaceuticals.
Most metrics in our 2Q25 physician survey improved from 1Q, which is a good sign coming out of the typical 1Q reimbursement dynamics.
Citizens additionally said: