United Therapeutics Corp. (UTHR) PT Raised to $245 at Jefferies
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Rating Summary:
18 Buy, 9 Hold, 2 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 11 | Down: 44 | New: 9
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Jefferies analyst Eun Yang raised the price target on United Therapeutics Corp. (NASDAQ: UTHR) to $245.00 (from $223.00) while maintaining a Buy rating.
The analyst commented, "Though FDA approval of Tyvaso DPI was cautiously anticipated, broad & clean approval for both indications without boxed warning for safety concerns is the best-case scenario outcome. This makes an ongoing patent litigation with LQDA for Tyvaso franchise no longer a concern given UTHR's first-to-market advantage & long-established presence in this therapeutic space. Highly profitable franchise with a clear path for strong growth
potential makes UTHR attractive."
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