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Stock impact report

RBC Maintains Outperform Rating on Ascendis Pharma (ASND) Amid Growth Targets [Yahoo! Finance]

Ascendis Pharma A/S - American Depositary Shares (ASND) 
Last ascendis pharma a/s - american depositary shares earnings: 11/18 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ascendispharma.com
Company Research Source: Yahoo! Finance
A/S (NASDAQ:ASND)'s price target to $250 from $245 while maintaining an Outperform rating on the company. The firm's improved projection comes after Ascendis Pharma A/S (NASDAQ:ASND) announced major goals for 2026, with the company estimating maintaining launch momentum for Yorvipath with no drop in patient intakes. Ascendis Pharma A/S (NASDAQ:ASND) stated that the European potential could be more significant, with 150,000-200,000 patients vs 70,000-90,000 in the US, though the complex payer system demands patience. The company anticipates that the revenue split would eventually come to 60:40 U.S. to non-U.S. In terms of financial estimates, Ascendis Pharma A/S (NASDAQ:ASND) reiterated its objective of €500 million in operating cash flow for this year and more than €5 billion in top-line revenue by 2030, in contrast to the consensus of around €3.5 billion, with Yorvipath predicted to earn €5-8 billion at its height. Ascendis Pharma A/S (NASDAQ:ASND) is a biopharmaceutical compan Show less Read more
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