UBS analyst Eliana Merle initiated coverage of Ascendis Pharma (ASND) with a Buy rating and $196 price target UBS thinks the next 1-3 years could be “transformative” for Ascendis shares with multiple launches and a likely turn to profitability, the analyst tells investors in a research note. The firm sees growth ahead from the Yorvipath launch and the potential for upside surprises, and feels the central nervous system opportunity is underappreciated long-term.
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