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Citi hikes Hikma price target, cites 'healthy trends' for injectables and US Generics

By Michele Maatouk

Date: Tuesday 11 Jun 2024

(Sharecast News) - Citi lifted its price target on Hikma Pharmaceuticals on Tuesday to 2,845p from 2,770p as it said IQVIA April data highlighted "healthy trends" for injectables and US Generics.
"The strategy at US Generics (30/20% of sales/EBIT) longer-term remains reducing volatility and delivering a sustainable EBIT of $100-120m, as...

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