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Biohaven Pharmaceutical: RBC’s $62 Target and Growth

RBC Capital Markets initiates coverage on Biohaven Pharmaceutical, assigning an outperform rating with a $62 price target. The firm praises Biohaven's strategic approach and strong focus on the epilepsy market. The long-term prospects look favorable, but profitability and valuation concerns remain. Strong market presence and investor confidence contribute to positive momentum.

by Mark Eisenberg
Fri, Feb 16, 2024 7:10pm
in Business
• 2 mins read
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Biohaven Pharmaceutical: RBC's  Target and Growth | FinOracle

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RBC Capital Markets Initiates Coverage on Biohaven Pharmaceutical, Assigning an Outperform Rating

On Friday, RBC Capital Markets started coverage on Biohaven Pharmaceutical Holding Company (NYSE:BHVN) and gave it an Outperform rating with a price target of $62.00. RBC Capital Markets praised Biohaven for its strategic approach in identifying and developing promising technologies within the pharmaceutical industry.

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