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Sucampo Pharma (SCMP) Tops Q3 EPS by 2c, Guidance Beats

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Jefferies Raises Price Target on Sucampo Pharma (SCMP) Following 3Q Report

November 10, 2016 10:10 AM EST

Jefferies reiterated a Hold rating on Sucampo Pharmaceuticals (NASDAQ: SCMP), and raised the price target to $16.00 (from $14.00), following the company's 3Q earnings report. SCMP reported 3Q EPS of $0.28, compared to Jefferies' $0.25 estimate. Revenues of $58M, +$7M ahead of estimates. Based on the Q3... More