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Neurocrine (NBIX) Receives a Buy from Jefferies

Tipranks - Tipranks - Fri Feb 13, 9:06AM CST

Jefferies analyst Akash Tewari maintained a Buy rating on Neurocrine today and set a price target of $174.00.

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According to TipRanks, Tewari is a 5-star analyst with an average return of 13.4% and a 56.55% success rate. Tewari covers the Healthcare sector, focusing on stocks such as Neurocrine, Argenx Se, and Alkermes.

In addition to Jefferies, Neurocrine also received a Buy from Stifel Nicolaus’s Paul Matteis in a report issued today. However, on the same day, Morgan Stanley maintained a Hold rating on Neurocrine (NASDAQ: NBIX).

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Based on Neurocrine’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $794.9 million and a net profit of $209.5 million. In comparison, last year the company earned a revenue of $622.1 million and had a net profit of $129.8 million

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