Indivior price target raised to $35 from $28 at H.C. Wainwright

H.C. Wainwright analyst Brandon Folkes raised the firm’s price target on Indivior (INDV) to $35 from $28 and keeps a Buy rating on the shares. The company reported a strong Q3 that exceeded expectations across all key metrics and validated the firm’s positive call on the stock into the quarter, the analyst tells investors in a research note. The firm added that its revised target may still prove conservative, as it implies just 7.4x 2026 EV/EBITDA, compared to the peer group average of about 9.8x, suggesting meaningful re-rating potential as execution continues.