Cantor Fitzgerald Maintains a 'Hold' on Medicis (MRX); Adjusting Numbers
Tweet
Share
E-mailGet Alerts MRX Hot Sheet
Price: $72.99 +4.89%
Rating Summary:
10 Buy, 11 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
10 Buy, 11 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Join SI Premium – FREE
Cantor Fitzgerald maintains a 'Hold' on Medicis (NYSE: MRX) price target cut to $36.00.
Analyst, Irina Rivkind, said, "Mgmt guided to revs of $177-188 million and EPS of $0.37-0.43 for 1Q:12. We note that Consensus is looking for $186 million in revs and EPS of $0.43. We are generally in-line, with revenue estimates of $184.5 million and $0.44 EPS. We think the Street is trending high and there is downside risk. We wait for more visibility on Zyclara execution and pipeline progress to get more constructive on Medicis."
FY12 EPS estimate raised from $2.65 to $2.69 and FY13 lowered from $2.95 to $2.81.
For an analyst ratings summary and ratings history on Medicis click here. For more ratings news on Medicis click here.
Shares of Medicis closed at $37.67 yesterday.
Analyst, Irina Rivkind, said, "Mgmt guided to revs of $177-188 million and EPS of $0.37-0.43 for 1Q:12. We note that Consensus is looking for $186 million in revs and EPS of $0.43. We are generally in-line, with revenue estimates of $184.5 million and $0.44 EPS. We think the Street is trending high and there is downside risk. We wait for more visibility on Zyclara execution and pipeline progress to get more constructive on Medicis."
FY12 EPS estimate raised from $2.65 to $2.69 and FY13 lowered from $2.95 to $2.81.
For an analyst ratings summary and ratings history on Medicis click here. For more ratings news on Medicis click here.
Shares of Medicis closed at $37.67 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Advance Auto Parts (AAP) PT Lowered to $48 at DA Davidson Following 25% Selloff Post Q2 Results
- Eikon Therapeutics (EIKN) Reiterated at Overweight by Cantor Fitzgerald
- Workday (WDAY) Reiterated at Overweight by Cantor Fitzgerald as Trends Similar to Past Quarters
Create E-mail Alert Related Categories
Analyst Comments, Analyst EPS Change, Analyst EPS View, Analyst PT ChangeRelated Entities
Cantor FitzgeraldSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
