Guggenheim lowered the firm’s price target on Neurocrine (NBIX) to $163 from $165 and keeps a Buy rating on the shares after the company reported Ingrezza Q4 about 1% below consensus estimates and missed on non-GAAP EPS, primarily due to increasing competitive pressure and payors dynamics. These factors motivate the company’s lower-than-expected FY25 Ingrezza sales guidance, the analyst tells investors.
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