Credit Suisse Assumes Lantheus Holdings (LNTH) at Neutral

September 23, 2016 6:58 AM EDT
Get Alerts LNTH Hot Sheet
Price: $8.85 -3.28%

Rating Summary:
    2 Buy, 3 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 22 | Down: 17 | New: 13
Trade LNTH Now!
Join SI Premium – FREE

Get access to the best calls on Wall Street with's Ratings Insider Elite. Get your Free Trial here.

Credit Suisse assumes coverage on Lantheus Holdings (NASDAQ: LNTH) with a Neutral rating and a price target of $8.00.

Analyst Erin Wilson commented, "We are encouraged by LNTH's market leadership in its flagship DEFINITY/Xenon franchises, strong industry fundamentals, pipeline opportunities, and global expansion initiatives. However, heightened competition in core product lines may be offsetting near term, limiting meaningful potential upside to our estimates. We are lowering our 2016 EPS to $0.60 (from $0.73) and 2017 EPS to $0.78 (from $0.87) to reflect increasing competition near term and adjustments to one-time items. We are assuming coverge with a Neutral rating and our price target stands at $8."

For an analyst ratings summary and ratings history on Lantheus Holdings click here. For more ratings news on Lantheus Holdings click here.

Shares of Lantheus Holdings closed at $9.07 yesterday.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Analyst Comments, New Coverage

Related Entities

Credit Suisse, Erin Wilson

Add Your Comment