2020-07-30 19:55:16 AVDL Avadel Pharmaceuticals
Jazz Pharmaceuticals
07/30/20 07/3019:55 07/30/2019:55 | Avadel Pharmaceuticals initiated with an Outperform at OppenheimerOppenheimer analyst Francois Brisebois initiated coverage of Avadel Pharmaceuticals (AVDL) with an Outperform rating and $19 price target. The analyst believes that the company's FT218 is "well positioned" to disrupt the proven blockbuster in the Narcolepsy market - Jazz Pharma's (JAZZ) Xyrem - given its a differentiated profile. Brisebois adds that investor concerns with Avadel's "freedom to operate" may be overblown as he does not expect it to infringe on Xyrem IP. Avadel Pharmaceuticals
Jazz Pharmaceuticals
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