UPDATE: Vanda Pharmaceuticals (VNDA) Opens Higher; Lazard Raises PT to $17

May 17, 2013 9:44 AM EDT
Get Alerts VNDA Hot Sheet
Price: $14.25 --0%

Rating Summary:
    8 Buy, 0 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 0
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(Updated - May 17, 2013 9:49 AM EDT)

Lazard Capital today maintained a Buy rating on Vanda Pharmaceuticals (NASDAQ: VNDA) and raised its price target to $17.00 (from $11.00). Shares opened noticeably higher and are on the move early on Friday.

Update: Analysts cited positive checks from sleep specialists on tasimelteon for non-24 hour disorder.

For an analyst ratings summary and ratings history on Vanda Pharmaceuticals click here. For more ratings news on Vanda Pharmaceuticals click here.

Shares of Vanda Pharmaceuticals closed at $5.50 yesterday.

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