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Jazz Pharmaceuticals price target lowered to $172 from $182 at RBC Capital

RBC Capital lowered the firm’s price target on Jazz Pharmaceuticals (JAZZ) to $172 from $182 and keeps an Outperform rating on the shares after its Q1 results. The company saw a “pressured quarter” beyond seasonality with several transient and one-time effects, though its FY25 revenue guidance remains the same, implying some degree of confidence amidst the murky backdrop, the analyst tells investors in a research note.

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