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Jazz Pharmaceuticals price target lowered to $154 from $160 at Baird

Baird lowered the firm’s price target on Jazz Pharmaceuticals to $154 from $160 and keeps an Outperform rating on the shares. The firm said Q2 revenue was in line with expectations, though the company slightly narrowed 2024 total revenue guidance as Epidiolex revenue showed particular strong growth, while Rylaze appeared to be the weak spot in revenue.

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