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BioCryst price target raised to $13 from $11 at BofA

BofA analyst Tazeen Ahmad raised the firm’s price target on BioCryst (BCRX) to $13 from $11 and keeps a Buy rating on the shares. BioCryst reported Q1 Orladeyo revenue slightly above Street expectations and Orladeyo FY25 revenue guidance was increased to $580M-$600M, notes the analyst. The firm remains encouraged by the strong commercial trajectory that somewhat derisks their $1B revenue goal by 2030 and now models peak sales of $723M in 2028, the analyst tells investors.

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