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Why Did Biohaven Soar 12.6%? Positive Analyst Outlook, Institutional Buying

Generated by AI AgentAinvest Pre-Market Radar

Friday, Aug 22, 2025 7:53 am ET1min read

Aime Summary

- Biohaven's stock surged 12.6% in pre-market trading on August 22, 2025, driven by renewed investor optimism.

- BTIG Research raised its price target to $60 from $59 while maintaining a "buy" rating, signaling improved expectations.

- The Swiss National Bank increased its stake, reinforcing institutional confidence in Biohaven's growth potential.

On August 22, 2025, Biohaven's stock surged by 12.6% in pre-market trading, marking a significant rise that has caught the attention of investors and analysts alike.

BTIG Research recently revised its target price for BiohavenBHVN--, increasing it from $59.00 to $60.00 and maintaining a "buy" rating. This positive outlook from a reputable research firm has likely contributed to the recent bullish sentiment surrounding the stock.

Additionally, the Swiss National Bank has increased its stake in Biohaven, further bolstering investor confidence in the company's prospects. This move by a major institutional investor suggests a strong belief in Biohaven's future performance and growth potential.

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