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Thursday, July 5, 2018

Horizon better buy if weak on settlement: Mizuho


Horizon Pharma may be weak on Ravicti settlement, says Mizuho. Mizuho analyst Irina Koffler expects “slight weakness” in shares of Horizon Pharma after the company announced a 2026 Ravicti generic settlement. However, after speaking with physicians and Horizon management about Krystexxa and its growth strategies, and the analyst reiterates a Buy rating on the shares with an $18 price target.

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