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Nektar Therapeutics (NKTR) Tops Q3 EPS by 4c

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Jefferies Raises Price Target on Nektar Therapeutics (NKTR) to $15

November 7, 2016 8:58 AM EST

Jefferies reiterated a Buy on Nektar Therapeutics (NASDAQ: NKTR), and raised the price target to $15.00 (from $14.00), following the company's 3Q earnings report. Based on the recently completed equity offering and mgts updated guidance, Jefferies now estimates FY16 & FY17 revenues and EPS of $170M & ($1.17) and $284 & ($0.57) vs $188M &... More