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Tesaro (TSRO) Risk-Reward May Not be Favorable But Stock Has Upside Drivers, Says RBC; Analyst Maintains 'Outperform'

Go back to Tesaro (TSRO) Risk-Reward May Not be Favorable But Stock Has Upside Drivers, Says RBC; Analyst Maintains 'Outperform'

Tesaro (TSRO) Weakness a 'Clear Buying Opportunity' - Leerink Partners

August 24, 2016 7:24 AM EDT

Leerink Partners analyst Seamus Fernandez reiterated an Outperform rating and $108 price target on Tesaro (NASDAQ: TSRO), saying weakness in the stock on on the recent NDA submission of CLVS (NR) rucaparib for 3L+ BRCA-mutated ovarian cancer, as well as the circulation of perceived controversies pertaining to niraparib, creates a "clear buying opportunity."

Fernandez said their review of FDA... More

TESARO (TSRO) Lower Following Negative Report

August 23, 2016 12:41 PM EDT

TESARO (NASDAQ: TSRO) is weak Tuesday following a negative research reports from Favus. The firm sees downside risk and notes Clovis Oncology, Inc. (NASDAQ: CLVS) data may pressure the stock. Shares of TSRO are down 5%.

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