Nanosphere (NSPH) Misses Q4 EPS by 37c

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Piper Jaffray Downgrades Nanosphere (NSPH) to Neutral

February 12, 2015 7:17 AM EST

Piper Jaffray downgraded Nanosphere (NASDAQ: NSPH) from Overweight to Neutral with a price target of $0.30 (from $1.00).

Analyst William Quirk commented, "Nanosphere reported a 4Q14 revenue increase of 36.2% to $4.6M, in line with preliminary results and ahead of initial consensus of $4.3M. Management described... More