BofA initiated coverage of Supernus (SUPN) with a Buy rating and $65 price target citing what it sees as the “underappreciated” branded central nervous system growth drivers with its treatments for ADHD and motor complications in advanced Parkinson’s disease. Qelbree offers a differentiated non-stimulant that continues to capture share both from patients new to treatment and those switching from other therapies, while Onapgo has “impressed” in its first quarter on the market, the analyst tells investors.
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