Unlock stock picks and a broker-level newsfeed that powers Wall Street. Upgrade Now
Jazz upgraded to Overweight at Morgan Stanley after Ziihera launch

In This Article:

https://www.tipranks.com/news/the-fly/wedbush-ups-springworks-target-to-81-expects-merck-kgaa-official-offer-soon

Morgan Stanley upgraded Jazz Pharmaceuticals (JAZZ) to Overweight from Equal Weight with a price target of $175, up from $140, after the company hosted an investor call on Ziihera following the recent approval. Ziihera is now available to prescribers in the U.S. at a wholesale acquisition cost price of about $35,500 for a 28-day cycle, the analyst noted. With the launch of Ziihera in biliary tract cancer and Phase 3 data in gastroesophageal adenocarcinoma due in Q2 of 2025, the firm believes the company is “well-positioned for shares to appreciate in 2025,” the analyst tells investors.

Pick the best stocks and maximize your portfolio:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See the top stocks recommended by analysts >>

Read More on JAZZ: