tiprankstipranks
Advertisement
Advertisement

Jazz Pharmaceuticals price target raised to $239 from $227 at Raymond James

Raymond James analyst Tiago Fauth raised the firm’s price target on Jazz Pharmaceuticals (JAZZ) to $239 from $227 and keeps an Outperform rating on the shares. JAZZ is up 25% year-to-date as investors have begun to digest the idea that the company is in the early innings of a transformation from a spec pharma story to an innovation-led biotech story, particularly following zani’s highly competitive readout in 1L GEA and priority review, the analyst says in a research note.

Meet Samuel – Your Personal Investing Prophet

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1