Information Provided By:
Fly News Breaks for August 1, 2018
NBIX
Aug 1, 2018 | 07:08 EDT
H.C. Wainwright analyst Andrew Fein raised his price target for Neurocrine Biosciences to $162 saying the company "reported another strong quarter." The analyst views the 34% quarter-over-quarter increase of prescriptions a "strong indication" of Ingrezza's traction in the market and a reflection of "healthy commercial dynamics." Fein sees "momentum on multiple fronts" and reiterates a Buy rating on Neurocrine.