Baird Starts Optimer Pharmaceuticals (OPTR) at Outperform, $16 PT

February 6, 2013 5:41 PM EST
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Price: $12.78 --0%

Rating Summary:
    4 Buy, 9 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 19 | Down: 19 | New: 13
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Baird initiates coverage on Optimer Pharmaceuticals (NASDAQ: OPTR) with a Outperform. PT $16.00.

"We expect Dificid sales volume to continue a linear, long-term growth trajectory, but in the near term be aided by the elevation of influenza in the US this season," analyst Christopher Raymond said. "Although concerns around pricing have led to controversy around the commercial opportunity, we believe the steady increase in market share is a reason to be optimistic that the recent pressure on shares is unwarranted."

For an analyst ratings summary and ratings history on Optimer Pharmaceuticals click here. For more ratings news on Optimer Pharmaceuticals click here.

Shares of Optimer Pharmaceuticals closed at $10.33 yesterday.

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