Biohaven Pharmaceutical Holding Co (BHVN) Receives a Buy from William Blair

In a report issued on October 2, Tim Lugo from William Blair maintained a Buy rating on Biohaven Pharmaceutical Holding Co (BHVNResearch Report). The company’s shares closed last Friday at $87.13.

According to TipRanks.com, Lugo is a 5-star analyst with an average return of 23.4% and a 52.5% success rate. Lugo covers the Healthcare sector, focusing on stocks such as Collegium Pharmaceutical, BioMarin Pharmaceutical, and Adamas Pharmaceuticals.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Biohaven Pharmaceutical Holding Co with a $99.22 average price target, implying a 14.9% upside from current levels. In a report issued on June 11, Cantor Fitzgerald also initiated coverage with a Buy rating on the stock with a price target.

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The company has a one-year high of $100.77 and a one-year low of $26.56. Currently, Biohaven Pharmaceutical Holding Co has an average volume of 582.2K.

Based on the recent corporate insider activity of 46 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of BHVN in relation to earlier this year.

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Biohaven Pharmaceutical Holding Co. Ltd. is a clinical-stage biopharmaceutical company, which engages in the research and development of late-stage product candidates targeting neurological diseases, including rare disorders. It focuses on a pipeline of product candidates that represent mechanistic platforms, calcitonin gene-related peptide receptor antagonists, and glutamate modulators. The company was founded in September 2013 and is headquartered in New Haven, CT.