Analysts upgrade Neurocrine Biosciences with mixed price target changes

Analysts have recently tilted more positive on Neurocrine Biosciences, with Wall Street Zen and Weiss Ratings upgrading the stock and several firms raising price targets, including Guggenheim, Canaccord Genuity and Piper Sandler. Views are not unanimous: Morgan Stanley maintained an equal-weight rating, while BMO Capital Markets cut its target and retained a market-perform rating. Institutional investors showed mixed activity in the third quarter, as Pictet Asset Management reduced its stake by 8.7% and the University of Texas/Texas A&M Investment Management Co. cut its holdings by 89.9%, while other funds increased their positions. Institutional investors collectively owned 92.59% of the company’s shares.






