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Jazz Pharmaceuticals price target raised to $202 from $190 at JPMorgan

JPMorgan analyst Jessica Fye raised the firm’s price target on Jazz Pharmaceuticals to $202 from $190 and keeps an Overweight rating on the shares. The analyst rolled forward the price target to year-end 2025 from 2024. Coming out of Q2 earnings, the firm sees current share levels representing an attractive entry point. The business has better durability than the Street appreciates and the stock is trading at less than six-times the low end of 2024 guidance, the analyst tells investors in a research note.

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