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Zevra Therapeutics logo with Medical background

Key Points

  • Zevra Therapeutics' shares fell significantly after JMP Securities downgraded their price target from $19.00 to $18.00, resulting in a pre-opening price of $10.34 down from a close of $11.76.
  • Despite the downgrade, the average rating for Zevra Therapeutics among analysts remains a "Buy" with an average price target of $23.71, bolstered by recent upgrades from other firms.
  • Institutional investment increased, with Schroder Investment Management acquiring a new position worth $2.8 million and other firms raising their holdings, indicating continued confidence in the company's potential.
  • Looking to export and analyze Zevra Therapeutics data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.
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