Jefferies Lifts Numbers on Onyx Pharmaceuticals (ONXX)
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Price: $124.70 --0%
Rating Summary:
9 Buy, 12 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 1 | Down: 3 | New: 5
Rating Summary:
9 Buy, 12 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 1 | Down: 3 | New: 5
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Jefferies raised estiamtes and its price target on Onyx Pharmaceuticals (NASDAQ: ONXX) from $46 to $50 after including regorafenib mCRC royalties in their model.
The firm said the Q3 call was uneventful as management disclosed little on the carfilzomib NDA process, only guiding to a near term FDA acceptance decision.
FY11 EPS goes from ($2.84) to ($0.25), FY12 EPS from ($2.87) to ($2.42)
For more ratings news on Onyx Pharmaceuticals click here and for the rating history of Onyx Pharmaceuticals click here.
Shares of Onyx Pharmaceuticals closed at $39.30 yesterday.
The firm said the Q3 call was uneventful as management disclosed little on the carfilzomib NDA process, only guiding to a near term FDA acceptance decision.
FY11 EPS goes from ($2.84) to ($0.25), FY12 EPS from ($2.87) to ($2.42)
For more ratings news on Onyx Pharmaceuticals click here and for the rating history of Onyx Pharmaceuticals click here.
Shares of Onyx Pharmaceuticals closed at $39.30 yesterday.
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