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Neurocrine price target raised to $159 from $128 at UBS

UBS analyst Ashwani Verma raised the firm’s price target on Neurocrine to $159 from $128 and keeps a Buy rating on the shares. The firm is bullish on Neurocrine’s prospering pipeline helping to ease concerns around the terminal-value of the pipeline as it expects $2.17B in peak sales from muscarinic platform and crinecerfont by 2035, the analyst tells investors in a research note.

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