tiprankstipranks
BioCryst price target raised to $12 from $10 at Evercore ISI
The Fly

BioCryst price target raised to $12 from $10 at Evercore ISI

Evercore ISI raised the firm’s price target on BioCryst (BCRX) to $12 from $10 and keeps an Outperform rating on the shares. The company preannounced 2024 Orladeyo revenue of $437M, $2M ahead of the upper end of the guidance range and beating consensus by $4M, notes the analyst, who thinks 2025 guidance of $515-$535M for Orladeyo revenue is “conservative” when considering the 5% price increase and availability of funds to cover Medicare copay this year.

Stay Ahead of the Market:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App

Latest News Feed

More Articles