Biohaven Pharmaceutical Holding Co Ltd (BHVN) Earns Overweight Rating from Morgan Stanley
Morgan Stanley reiterated their overweight rating on shares of Biohaven Pharmaceutical Holding Co Ltd (NASDAQ:BHVN) in a research report released on Tuesday, Marketbeat.com reports. They currently have a $38.00 price objective on the stock, down from their prior price objective of $47.00.
Other equities research analysts also recently issued reports about the company. BidaskClub upgraded Biohaven Pharmaceutical Holding Co from a buy rating to a strong-buy rating in a report on Thursday, September 28th. Piper Jaffray Companies reissued a buy rating and issued a $54.00 price objective on shares of Biohaven Pharmaceutical Holding Co in a research note on Tuesday, September 12th. Zacks Investment Research raised Biohaven Pharmaceutical Holding Co from a sell rating to a hold rating in a research note on Tuesday, August 22nd. Finally, Needham & Company LLC reduced their price objective on Biohaven Pharmaceutical Holding Co from $43.00 to $36.00 and set a buy rating for the company in a research note on Tuesday. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Biohaven Pharmaceutical Holding Co presently has an average rating of Buy and an average price target of $40.80.
Shares of Biohaven Pharmaceutical Holding Co (NASDAQ BHVN) traded up 0.09% during trading on Tuesday, hitting $32.09. The company had a trading volume of 4,745 shares. The stock’s market capitalization is $1.15 billion. 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 12-month low of $17.00 and a 12-month high of $39.51.
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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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