Piper Jaffray Downgrades Intra-Cellular Therapies (ITCI) to Neutral

May 1, 2017 10:57 AM EDT
Get Alerts ITCI Hot Sheet
Price: $34.36 -0.41%

Rating Summary:
    15 Buy, 1 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 7 | Down: 15 | New: 24
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Piper Jaffray downgraded Intra-Cellular Therapies (NASDAQ: ITCI) from Overweight to Neutral with a price target of $10.00 (from $22.00).

Analyst Dr. Charles Duncan maintains FY 2017 EPS estimate for a loss of $3.65, FY 2018 EPS estimate maintained at a loss of $3.77 and FY 2019 EPS estimate maintained at a loss $3.90.

For an analyst ratings summary and ratings history on Intra-Cellular Therapies click here. For more ratings news on Intra-Cellular Therapies click here.

Shares of Intra-Cellular Therapies closed at $13.82 Friday.

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Piper Jaffray, The Children's Investment Fund (TCI), Charles Duncan