Horizon Therapeutics plc Confirms Preliminary Discussions Regarding Potential Offer
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Jefferies sees up to 90% chance Horizon Therapeutics (HZNP) gets acquired, with $125 base case
December 1, 2022 11:06 AM ESTJefferies analyst Akash Tewari was the latest Wall Street analyst to weigh in on the takeover prospects of Horizon Therapeutics (NASDAQ: HZNP) after the company announced Tuesday that it is in preliminary talks with three large pharmaceutical companies about a potential buyout.
Tewari is positive on the prospects of a deal and sees one happening in the $25-$30 billion range, which he also said does not bake in Tepezza peak sales of $4 billion.
The analyst said the... More
'Compelling value' in Viridian Therapeutics following Horizon Therapeutics acquisition talks
November 30, 2022 10:39 AM ESTShares of Viridian Therapeutics (NASDAQ: VRDN) jumped Wednesday on the back of news on Tuesday evening that Horizon Therapeutics (NASDAQ: HZNP) is in "highly preliminary discussions" with three large pharmaceutical companies.
Horizon Therapeutics shares are up more than 27% during Wednesday's session, while Viridian Therapeutics has also reacted to the news, currently up over 13%.
Within Horizon's portfolio of... More
Horizon Therapeutics seen worth up to $140/share in takeover
November 30, 2022 8:12 AM ESTSeveral Wall Street analysts put pencil to paper after Horizon Therapeutics (NASDAQ: HZNP) said Tuesday evening that it was in "highly preliminary" takeover talks with Amgen Inc. (NYSE: AMGN), Janssen Global Services, LLC (NYSE: JNJ), and Sanofi (NYSE: SNY). A deal price as high as $140 per share was the high watermark discussed by at least two analysts.
Cowen analyst Ken Cacciatore said that given their belief that Tepezza's previous pause was... More
Horizon Therapeutics (HZNP) jumps after confirming takeover talks with 3 parties
November 29, 2022 5:23 PM ESTShares of Horizon Therapeutics (NASDAQ: HZNP) surged over 30% after-hours Tuesday after the company confirmed that it was in "highly preliminary" takeover talks with Amgen Inc. (NYSE: AMGN), Janssen Global Services, LLC (NYSE:... More
Horizon Therapeutics (HZNP) resumes trading, up 39%
November 29, 2022 4:55 PM ESTHorizon Therapeutics (NASDAQ: HZNP) resumes trading, up 39%

