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Why BioCryst Pharmaceuticals Stock Jumped Today

TheMotleyFool

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Why BioCryst Pharmaceuticals Stock Jumped TodayPhoto, wide shot, wide-angle lens, Clinical research organization, sunset photo at golden hour, photo by Peter Lik: https://img.midjourneyapi.xyz/temp/02f7778c-d723-4fb3-bdef-fabb7e5fc9c8.png

Shares of BioCryst Pharmaceuticals (NASDAQ: BCRX) up 10.8% to around $4.76 Friday as of 3:30 p.m. EDT. The big gain came after JMP Securities analyst Jonathan Wolleben bumped his price target for the stock up to $11 from $10.

It's typically best to take analysts' price targets for stocks with a grain of salt. However, understanding the rationales behind their perspectives can be helpful in evaluating the prospects for a company.

Image source: Getty Images.

Source Fool.com

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