Neurocrine Biosciences, Inc. (NBIX) Posts Q1 Loss of 17c/Share

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Neurocrine Bio. (NBIX) PT Trimmed at Jeffereis, 'Buy' Maintained

May 1, 2014 8:03 AM EDT

Jefferies analyst Thomas Wei trimmed his price target on Neurocrine Bio. (NASDAQ: NBIX) to $21.00 (from $23.00) but maintained a Buy rating following the company's Q1 update.

Wei comments, "On its 1Q14 call, NBIX focused on its upcoming FDA meeting and subsequent initiation... More