KD Logo

Wells Fargo upgrades Neurocrine Biosciences, Inc. (NBIX) rating to an Overweight

CHWY Stock

Neurocrine Biosciences, Inc.’s filing revealed that its Chief Regulatory Officer Delaet Ingrid unloaded Company’s shares for reported $38370.0 on May 06 ’24. In the deal valued at $140.55 per share,273 shares were sold. As a result of this transaction, Delaet Ingrid now holds 7,507 shares worth roughly $1.03 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Then, BENEVICH ERIC sold 19,818 shares, generating $2,643,020 in total proceeds. Upon selling the shares at $133.36, the Chief Commercial Officer now owns 40,778 shares.

Before that, Delaet Ingrid sold 272 shares. Neurocrine Biosciences, Inc. shares valued at $37,346 were divested by the Chief Regulatory Officer at a price of $137.30 per share. As a result of the transaction, Delaet Ingrid now holds 7,507 shares, worth roughly $1.03 million.

Wells Fargo upgraded its Neurocrine Biosciences, Inc. [NBIX] rating to an Overweight from a an Equal weight in a research note published on April 24, 2024; the price target was increased to $170 from $140. Deutsche Bank began covering NBIX with “Buy” recommendation on December 12, 2023.

Price Performance Review of NBIX

On Friday, Neurocrine Biosciences, Inc. [NASDAQ:NBIX] saw its stock fall -2.12% to $136.70. Over the last five days, the stock has lost -2.85%. Neurocrine Biosciences, Inc. shares have risen nearly 3.75% since the year began. Nevertheless, the stocks have risen 41.31% over the past one year. While a 52-week high of $148.37 was reached on 03/21/24, a 52-week low of $89.04 was recorded on 02/07/24. SMA at 50 days reached $137.88, while 200 days put it at $123.49. A total of 0.68 million shares were traded, compared to the trading of 0.48 million shares in the previous session.

Levels Of Support And Resistance For NBIX Stock

The 24-hour chart illustrates a support level at 134.87, which if violated will result in even more drops to 133.03. On the upside, there is a resistance level at 139.77. A further resistance level may holdings at 142.83. The Relative Strength Index (RSI) on the 14-day chart is 46.90, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.05, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.78%. Stochastics %K at 44.24% indicates the stock is a holding.

The most recent change occurred on August 21, 2023 when Mizuho resumed its ‘”a Neutral”‘ rating for the stock and retained the price target to $113.

Most Popular