B. Riley raised the firm’s price target on Eton Pharmaceuticals (ETON) to $26 from $24 and keeps a Buy rating on the shares. The company reported strong Q1 results across its portfolio, the analyst tells investors in a research note. The firm continues to view the reaffirmed $80M year-end run-rate guidance as conservative, and sees “two high-conviction opportunities to drive upward revisions” closer to $100M.
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