Receptos (RCPT) Misses Q4 EPS by 13c

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Receptos (RCPT) PT Lifted to $201 at Wedbush

March 4, 2015 12:23 PM EST

Wedbush analyst Liana Moussatos reiterated a Outperform rating and boosted her price target on Receptos, Inc (NASDAQ: RCPT) to $201.00 (from $160.00) following Q4 results.

The analyst noted Receptos ended 2014 with about $671.9MM in cash and equivalents. They project this will provide runway into... More