Piper Sandler raised the firm’s price target on Indivior (INDV) to $41 from $27 and keeps an Overweight rating on the shares. The firm notes Indivior reported Q3 2025 diluted non-GAAP earnings per share of 72c on revenue of $314M, compared to Street estimates of 41c and $262M, respectively. Management is now guiding to Sublocade worldwide sales of $825M-$845M, up from the previous range of $765M-$785M, and now implying annual growth of about 10% at the midpoint.
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