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Fly News Breaks for October 23, 2015
ZSPH
Oct 23, 2015 | 07:13 EDT
Morgan Stanley upgraded ZS Pharma to Overweight and increased its price target on shares to $76 from $67. Analyst Andrew Berens said the restrictive label for competitor Relypsa's (RLYP) Veltassa is a significant handicap for the drug and a best case for ZS Pharm's ZS-9. Berens sees less regulatory risk for ZS-9 and expects it to emerge as a best-in-class drug.
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