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Fly News Breaks for May 20, 2019
NBIX
May 20, 2019 | 16:31 EDT
Credit Suisse analyst Evan Seigerman initiated Neurocrine with an Outperform rating and a $95 price target, calling the stock a Top Pick - SMID Cap. Seigerman believes Neurocrine's Ingrezza is "the best-in-class treatment" for tardive dyskinesia, or TD, and he expects it will drive revenue and earnings growth over the next few years. He also believes the company's pipeline has underappreciated upside potential, with assets for Parkinson's disease and congenital adrenal hyperplasia.