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Fly News Breaks for March 13, 2019
NBIX
Mar 13, 2019 | 07:35 EDT
Oppenheimer analyst Jay Olson raised his price target for Neurocrine to $110 from $105 after the company announced positive interim results from a Phase 2 study in congenital adrenal hyperplasia, adding an "important new asset" to the pipeline. The analyst believes the positive CAH study should restore investor confidence in the company's R&D capabilities following disappointing TS results for Ingrezza. Olson reiterates an Outperform rating on the shares.
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