Ligand Pharma (LGND) Target Up to $91 at Summer Street
Get Alerts LGND Hot Sheet
Price: $70.37 -0.89%
Rating Summary:
9 Buy, 5 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 13
Rating Summary:
9 Buy, 5 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 13
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Summer Street analyst Carol Werther reiterated a Buy rating on Ligand Pharma (NASDAQ: LGND) and raised her price target from $78 to $91 after updating their model to include 4Q13 EPS and 2014 guidance.
Providing a list of various late stage programs they find most important, with Kyprolis the most binary and Merck's BACE inhibitor data a promising risk/reward, the analyst highlights: 1) Duavee US launch, 2) Fablyn launch, 3) Kyprolis ASPIRE/FOCUS data, 4) SPPI’s filing of Melphalan, 5) Merck’s BACE inhibitor data, 6) Noxafil IV approval, 7) Lundbeck’s CE-carbamezipine approval, 8) Hospira’s undisclosed launch
For an analyst ratings summary and ratings history on Ligand Pharma click here. For more ratings news on Ligand Pharma click here.
Shares of Ligand Pharma closed at $73.20 yesterday.
Providing a list of various late stage programs they find most important, with Kyprolis the most binary and Merck's BACE inhibitor data a promising risk/reward, the analyst highlights: 1) Duavee US launch, 2) Fablyn launch, 3) Kyprolis ASPIRE/FOCUS data, 4) SPPI’s filing of Melphalan, 5) Merck’s BACE inhibitor data, 6) Noxafil IV approval, 7) Lundbeck’s CE-carbamezipine approval, 8) Hospira’s undisclosed launch
For an analyst ratings summary and ratings history on Ligand Pharma click here. For more ratings news on Ligand Pharma click here.
Shares of Ligand Pharma closed at $73.20 yesterday.
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