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Fly News Breaks for June 6, 2018
JAZZ
Jun 6, 2018 | 07:20 EDT
After attending the SLEEP conference where Jazz Pharmaceuticals presented a number of clinical updates, BMO Capital analyst Gary Nachman said Jazz demonstrated that its sleep pipeline is progressing well and robust, telling investors in a research note that he continues to believe solriamfetol remains underappreciated. Additionally, Nachman contends that the Xyrem franchise could possibly be bolstered with a pediatric indication, and there could be further upside down the road from JZP-258 and a once-nightly low-sodium form of oxybate. Nachman keeps an Outperfom rating on the shares with a $201 price target.
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