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Biotech / Medical : Neurocrine Biosciences (NBIX)
NBIX 141.80+0.6%Dec 31 3:59 PM EST

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To: Icebrg who wrote (1141)6/9/2003 6:05:50 PM
From: Icebrg  Read Replies (1) of 1834
 
Neurocrine Biosciences "buy," target price raised -update

[Not that it seems to have helped much today with the stockprice down 6% to something 53-ish]

Monday, June 09, 2003 2:51:49 PM ET
Deutsche Bank

NEW YORK, June 9 (New Ratings) — Analysts at Deutsche Bank issue a "buy" rating on Neurocrine Biosciences, Inc (NBIX). The target price has been raised from $57 to $64.

The analysts mention that Neurocrine Biosciences has reported impressive results for its insomnia drug, Indiplon. Deutsche Bank, accordingly, reiterates its projections for eventually higher sales of Indiplon than the present market leader, Ambien.
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