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Friday, August 24, 2018

Zogenix recent pullback a buying opportunity, says Mizuho


Mizuho analyst Difei Yang views the recent selloff in shares of Zogenix as a buying opportunity. The analyst believes ZX008 in Lennox-Gastaut syndrom presents upside potential in 2019 and that Zogenix “is in comfortable position” to reach break-even following a recent $359M capital raise. Yang reiterates a Buy rating on the shares with a $69 price target.

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