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Cowen Downgrades Nivalis Therapeutics (NVLS) to Market Perform

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Raymond James Downgrades Nivalis Therapeutics (NVLS) to Market Perform

November 29, 2016 7:39 AM EST

Raymond James downgraded Nivalis Therapeutics (NASDAQ: NVLS) from Outperform to Market Perform.

For an analyst ratings summary and ratings history on Nivalis Therapeutics click here. For more ratings news on Nivalis Therapeutics click here.

Shares of Nivalis Therapeutics closed at $6.25 yesterday.

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Stifel Downgrades Nivalis Therapeutics (NVLS) to Hold as Data Suggest No Meaningful Treatment Effect

November 29, 2016 6:19 AM EST

Stifel downgraded Nivalis Therapeutics (NASDAQ: NVLS) from Buy to Hold with a price target of $3.25 (from $16.00) after the company released Phase II data for cavosonstat in the treatment of patients with homozygous F508del CF that were stably on Orkambi. Based on the... More

Baird Downgrades Nivalis Therapeutics (NVLS) to Neutral Following Clinical Failure

November 29, 2016 6:14 AM EST

Baird downgraded Nivalis Therapeutics (NASDAQ: NVLS) from Outperform to Neutral with a price target of $3.00 (from $29.00) after clinical trial failure.

Analyst Brian Skorney commented, "Nivalis announced that the company's flagship proof-of-concept study of cavosonstat in combination with Vertex's Orkambi failed to show an... More

Nivalis Therapeutics (NVLS) Announces Cavosonstat Phase 2 in CF Missed Primary Endpoint

November 28, 2016 4:06 PM EST

Nivalis Therapeutics, Inc. (Nasdaq: NVLS) announced topline results from the Company's Phase 2 trial evaluating the efficacy and safety of two doses of cavosonstat, 200 mg and 400 mg, in adult patients with CF who had two copies of the F508del-CFTR mutation and were being treated with Orkambi. There were no dose limiting toxicities and cavosonstat was well tolerated at all doses in the trial. The trial failed, however, to demonstrate benefit in absolute change in percent predicted FEV1, the trials primary endpoint, or in sweat chloride reduction at 12... More