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A Quick Look at Today's Ratings for Biohaven(BHVN.US), With a Forecast Between $58 to $76

Futu News ·  Nov 26 21:00  · Ratings

On Nov 26, major Wall Street analysts update their ratings for $Biohaven (BHVN.US)$, with price targets ranging from $58 to $76.

Morgan Stanley analyst Terence Flynn maintains with a buy rating, and maintains the target price at $69.

BTIG analyst Thomas Shrader maintains with a buy rating, and maintains the target price at $59.

RBC Capital analyst Leonid Timashev maintains with a buy rating, and adjusts the target price from $66 to $58.

Piper Sandler analyst Christopher Raymond maintains with a buy rating, and maintains the target price at $76.

H.C. Wainwright analyst Douglas Tsao maintains with a buy rating, and maintains the target price at $59.

Furthermore, according to the comprehensive report, the opinions of $Biohaven (BHVN.US)$'s main analysts recently are as follows:

  • After the disappointing results from Biohaven's Phase 3 study of taldefgrobep in SMA, analysts, having spoken with the company's management, observed some positive developments that might be brought before the FDA. While acknowledging the high-risk nature of this trial and aligning with current investor sentiments, it is suggested that the recent setback in share value could potentially be mitigated by these factors.

Here are the latest investment ratings and price targets for $Biohaven (BHVN.US)$ from 5 analysts:

StockTodayLatestRating_nn_74217035088037_20241126_en

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

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