Piper Sandler Keeps Their Buy Rating on Jazz Pharmaceuticals (JAZZ)
In a report released today, David Amsellem from Piper Sandler reiterated a Buy rating on Jazz Pharmaceuticals, with a price target of $301.00.
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According to TipRanks, Amsellem is a 5-star analyst with an average return of 11.7% and a 57.52% success rate. Amsellem covers the Healthcare sector, focusing on stocks such as Amgen, Esperion, and AbbVie.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Jazz Pharmaceuticals with a $257.14 average price target.
Based on Jazz Pharmaceuticals’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1.07 billion and a net profit of $293.1 million. In comparison, last year the company earned a revenue of $897.84 million and had a GAAP net loss of $92.54 million
Based on the recent corporate insider activity of 89 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of JAZZ in relation to earlier this year. Earlier this month, Samantha Pearce, the EVP & CCO of JAZZ sold 6,907.00 shares for a total of $1,625,976.87.
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