Danish drugmaker H Lundbeck rises on Q3 results beat, annual view upgrade
** Shares in H Lundbeck HLUNb.CO rise 4.2% after the Danish drugmaker posted its Q3 print above market expectations, raised lower end of its full-year guidance
** "Third quarter results were ahead of expectations on the topline, led by strategic products, which also led to a significant adjusted EBITDA beat, which was positive," J.P. Morgan analysts say in a note
** Co said in a statement it has raised its full-year guidance, now forecasting 12%-14% revenue growth at CER, up from 11%-14%, and 17%-20% adjusted EBITDA growth, previously 15%-20%
** JPM notes the upward adjustment of the company's full-year guidance as positive, expecting a slight share price outperformance today
** Including session's rise the stock has gained 29.62 % YTD
Reporting by Jesus Calero
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