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Neurocrine price target raised to $190 from $160 at H.C. Wainwright

H.C. Wainwright raised the firm’s price target on Neurocrine Biosciences to $190 from $160 and keeps a Buy rating on the shares after the company announced that the top-line result from the Phase 2 study of NBI-1117568 might be announced in Q3. The firm believes 50% improvement in the PANSS scale compared to the control can be encouraging.

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