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XLV - Avadel Pharmaceuticals Plc: Initiating Buy Bye Bye To Sleepiness
March, 21 2022 09:46 AM
SPDR Select Sector Fund - Health Care
We are initiating AVDL at a speculative buy rating, with a target price of USD 14. We like AVDL's lead candidate FT218, and we believe the upcoming PDUFA on March 31st to be the critical catalyst for the company. We believe AVDL will be able to generate USD ~300M peak sales. For further details see:
Avadel Pharmaceuticals Plc: Initiating Buy, Bye Bye To Sleepiness
Stock Information
Company Name:
SPDR Select Sector Fund - Health Care
Stock Symbol:
XLV
Market:
NYSE
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