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Zevra Therapeutics price target raised to $25 from $23 at Canaccord

Canaccord analyst Sumant Kulkarni raised the firm’s price target on Zevra Therapeutics (ZVRA) to $25 from $23 and keeps a Buy rating on the shares. The firm said they reported its 4Q24 results showing sales of Miplyffa (arimoclomol) for Niemann-Pick Type C (NPC) came in at $10.1M versus estimates of $6.4M. Importantly, launch trends for the product remain encouraging, with the company receiving 109 total prescription forms versus 90 as of the last report.

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