Raptor Pharma (RPTP) Misses Q4 EPS by 15c

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Go back to Raptor Pharma (RPTP) Misses Q4 EPS by 15c

Raptor Pharmaceuticals (RPTP) PT Slashed to $5 at Wedbush; Difficulties Ahead

February 27, 2015 8:38 AM EST

Wedbush analyst David Nierengarten reiterated an Underperform rating and cut his price target on Raptor Pharmaceuticals (NASDAQ: RPTP) to $5.00 (from $7.00) following Q4 results, saying decrease sales hints at difficulties ahead.

Nierengarten commented, "Raptor reported $17.3M in ww sales of Procysbi in 4Q, in line with our $16.9M... More