Cytokinetics (CYTK) Surpasses FY14 Estimates Following Recent Astellas Deal; Roth Cap. Affirms at 'Buy'

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Piper Jaffray Upgrades Cytokinetics (CYTK) to Overweight; Sees 100% Upside

February 13, 2015 6:46 AM EST

Piper Jaffray upgraded Cytokinetics (NASDAQ: CYTK) from Neutral to Overweight with a price target of $13.00 (from $7.00), suggesting 100% upside from current levels.

Analyst Charles Duncan commented, "Cytokinetics reported 4Q/FY14 results yesterday, ending '14 with $83M in cash which combined with inflows already in '15... More

Cytokinetics (CYTK) Tops Q4 EPS Views; Offers FY15 Outlook

February 12, 2015 4:13 PM EST

Cytokinetics (NASDAQ: CYTK) reported Q4 EPS of $0.23, $0.40 better than the analyst estimate of ($0.17). Revenue for the quarter came in at $21.8 million versus the consensus estimate of $10.8 million.

Financial Guidance

Cytokinetics also announced its financial guidance for 2015. The company anticipates cash... More