Pacira Pharma (PCRX): Symphony Health Data Accelerates In November - Wedbush
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Rating Summary:
16 Buy, 11 Hold, 1 Sell
Rating Trend: Up
Today's Overall Ratings:
Up: 13 | Down: 11 | New: 14
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Wedbush analyst, Liana Moussatos, reiterated her Outperform rating on shares of Pacira Pharmaceuticals (NASDAQ: PCRX) after Symphony Health data for EXPAREL estimated sales per day in November increased 11.2% above October. This is above Bupivacaine +8% and Marcaine -2%.
Total November EXPAREL sales tracked within about -3% of consensus but Symphony Health sales and volume estimates for November were more than $22 million (WAC$) and more than 71 thousand pack units.
No change to the price target of $89.
For an analyst ratings summary and ratings history on Pacira Pharmaceuticals click here. For more ratings news on Pacira Pharmaceuticals click here.
Shares of Pacira Pharmaceuticals closed at $31.90 yesterday.
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