Biohaven Pharmaceutical Holding Co Ltd (BHVN) Downgraded by BidaskClub to Hold
BidaskClub cut shares of Biohaven Pharmaceutical Holding Co Ltd (NASDAQ:BHVN) from a buy rating to a hold rating in a research report sent to investors on Thursday morning.
A number of other research firms also recently commented on BHVN. Zacks Investment Research raised Biohaven Pharmaceutical Holding Co from a sell rating to a hold rating in a report on Monday, August 28th. Morgan Stanley reaffirmed an overweight rating and set a $38.00 target price (down previously from $47.00) on shares of Biohaven Pharmaceutical Holding Co in a report on Tuesday. Needham & Company LLC reaffirmed a buy rating and set a $43.00 target price (up previously from $30.00) on shares of Biohaven Pharmaceutical Holding Co in a report on Wednesday, September 13th. William Blair reaffirmed an outperform rating on shares of Biohaven Pharmaceutical Holding Co in a report on Tuesday. Finally, Piper Jaffray Companies reaffirmed a buy rating and set a $54.00 target price on shares of Biohaven Pharmaceutical Holding Co in a report on Tuesday, September 12th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company presently has a consensus rating of Buy and an average price target of $40.80.
Shares of Biohaven Pharmaceutical Holding Co (BHVN) traded up 0.12% during midday trading on Thursday, hitting $32.10. The stock had a trading volume of 99,602 shares. The stock has a 50 day moving average of $35.80 and a 200-day moving average of $27.75. Biohaven Pharmaceutical Holding Co has a one year low of $17.00 and a one year high of $39.51. The company’s market cap is $1.15 billion.
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About Biohaven Pharmaceutical Holding Co
Biohaven Pharmaceutical Holding Company Ltd. is a United States-based biopharmaceutical company. The Company is engaged in the identification and development of clinical-stage compounds targeting orphan neurologic indications and other neurological pathways. It has a portfolio of multiple late-stage drug candidates.
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