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Avadel Pharmaceuticals price target raised to $18 from $13 at Piper Sandler

Piper Sandler analyst David Amsellem raised the firm’s price target on Avadel Pharmaceuticals to $18 from $13 and keeps an Overweight rating on the shares post the Q2 report. The analyst cites strong early color on Lumryz commercial dynamics for the target raise.

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