Discovery Labs (DSCO) Tops Q4 EPS by 2c

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Discovery Laboratories (DSCO) PT Trimmed to $3 at Piper Jaffray; 'Overweight' Maintained

March 18, 2015 9:09 AM EDT

Piper Jaffray analyst David Amsellem cut his price target on Discovery Laboratories (NASDAQ: DSCO) to $3.00 (from $4.00) following Q4 results but maintained an Overweight rating. The analyst noted encouraging early feedback on Aerosurf.

Amsellem commented, "Discovery Labs reported a net loss per diluted share of ($0.15), slightly wider than... More