Oppenheimer raised the firm’s price target on Harmony Biosciences (HRMY) to $59 from $56 and keeps an Outperform rating on the shares. The firm notes Harmony reported Q3 revenues of $186.0M, hitting its estimate and beating the Street’s $184.1M consensus. WAKIX’s momentum continues to impress Oppenheimer, with solid patient growth, expanding prescriber base, and robust coverage despite new/generic oxybate availability.
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Read More on HRMY:
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- Harmony Biosciences announces 8M share offering of common stock for holders
- Harmony Biosciences reports Q3 adjusted EPS $1.03, consensus 66c
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- HRMY Upcoming Earnings Report: What to Expect?