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Alkermes price target raised to $32 from $30 at Goldman Sachs

Alkermes price target raised to $32 from $30 at Goldman Sachs

Goldman Sachs raised the firm’s price target on Alkermes (ALKS) to $32 from $30 and keeps a Buy rating on the shares after its Q4 earnings beat and 2025 guidance. The results reflect continued build in investor focus and enthusiasm for the company’s opportunity set in therapeutics for sleep related disorders with their advancing pipeline of Orexin agonist assets, the analyst tells investors in a research note.

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