Guggenheim raised the firm’s price target on Neurocrine to $164 from $157 and keeps a Buy rating on the shares as Ingrezza Q4 sales came in largely in line with the firm’s and consensus estimates. Key highlights from the print include Neurocrine’s plans to file to FDA for Crinecerfont approval in CAH in Q2, the company preparing for crinecerfont’s launch in 2025 and the company providing 2024 net product sales guidance of $2.1-2.2B, the analyst tells investors.
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