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Jazz Pharmaceuticals price target raised to $230 from $220 at Truist

Truist raised the firm’s price target on Jazz Pharmaceuticals (JAZZ) to $230 from $220 and keeps a Buy rating on the shares. The firm cites the company’s “practice-changing data” from HERIZON-GEA presented last week at ASCO GI that justifies its upward revision of Ziihera estimates, the analyst tells investors in a research note. Truist adds that it sees further upside from this pipeline-in-a-drug opportunity, particularly in breast cancer and other solid tumors.

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