ADMS-
Adamas Pharmaceuticals price target raised to $12.50 from $7.50 at Northland 08:40 ADMS Northland analyst Carl Byrnes raised the firm's price target on Adamas Pharmaceuticals to $12.50 from $7.50 and keeps an Outperform rating on the shares given his view that demand for Gocovri is "well positioned to remain strong." The analyst, who is forecasting 2021 Gocovri sales of $87.5M, added that he thinks that estimate may prove conservative. Further, he expects approval of the sNDA on or about February 1, which will revise the indication statement for Gocovri and broaden the label in a way that will make it easier for healthcare providers to prescribe the drug, the analyst said.