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Cantor upgrades Supernus on outlook for ADHD treatment

Cantor Fitzgerald analyst Kristen Kluska upgraded Supernus (SUPN) to Overweight from Neutral with a price target of $42, up from $36. The firm believes Qelbree is redefining the treatment landscape for attention-deficit/hyperactivity disorder. The analyst cites a more positive outlook on Qelbree following its 25 physician survey for the upgrade. Cantor says 72% of those surveyed indicated they plan to prescribe more non-stimulants in the future, and it believes Qelbree could be a big part of this growth.

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