Lantheus Holdings (LNTH): Notes from Management Meetings - Jefferies

August 29, 2016 7:45 AM EDT
Get Alerts LNTH Hot Sheet
Price: $9.05 -2.16%

Rating Summary:
    2 Buy, 3 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 22 | Down: 32 | New: 34
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Jefferies analyst, Raj Denhoy, reiterated his Buy rating on shares of Lantheus Holdings (NASDAQ: LNTH) and raised the price target to $12.00 (from $8.00). The analyst recently hosted the CEO & CFO of LNTH for a series of meetings.

Following a number of strong questions and the recent stock appreciation, the company highlighted DEFINITY's dominant share of the growing contrast echo market; its stable nuclear contracting position; the pending F-18 partnership; and the available cash as reasons results will remain strong. The low valuation should keep shares working higher; LNTH trades at just 7x EBITDA.

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 $8.25 yesterday.

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