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Biohaven price target raised to $61 from $58 at RBC Capital

Biohaven price target raised to $61 from $58 at RBC Capital

RBC Capital raised the firm’s price target on Biohaven (BHVN) to $61 from $58 and keeps an Outperform rating on the shares. With investors looking towards 2025 catalysts, Biohaven’s troriluzole resubmission to the FDA will get more attention, given its potential to drive over $1B in U.S. sales, though with outstanding questions on the regulatory path forward, the analyst tells investors in a research note.

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