Seeking Alpha

Insys gets more analyst love, shares jump

  • Wells Fargo starts Insys (INSY +5.9%) at Outperform (PT $19-21). Oppenheimer also initiated coverage today.
  • Analyst Michael Faerm thinks Subsys "is at the early stages of a multiyear organic growth ramp."
  • The technology used in Subsys (a sublingual spray) "can potentially be leveraged into longer term pipeline candidates."
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