Neurocrine Bio. (NBIX) PT Raised to $131 at H.C. Wainwright

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Neurocrine Bio. (NBIX) and TAK Collaboration Could Be Transformative - Canaccord Genuity

June 18, 2020 11:34 AM EDT

Canaccord Genuity analyst Sumant Kulkarni reiterated a Buy rating and $134.00 price target on Neurocrine Bio. (NASDAQ: NBIX), citing a major pact with Takeda Pharmaceutical Co Ltd. (NYSE: TAK) to develop seven neuropsychiatry-focused products. The deal helps bolster Neurocrine as a company not solely dependent on Ingrezza, as well as makes Neurocrine a key player in neuro-focused business development. These components all make NBIX more of a hunter than the... More