BioDelivery Sciences (BDSI) Tops Q1 EPS by 3c

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Cantor Fitzgerald Loweres PT Despite BioDelivery Sciences' (BDSI) Earnings Beat

May 12, 2015 7:45 AM EDT

Cantor Fitzgerald maintains a Buy rating on BioDelivery Sciences International (NASDAQ: BDSI), but lowered the price target to $12.00 (from $17.00). Despite the 1Q15 earnings beat by BDSI, Cantor Fitzgerald lowered the price target due to BUNAVAIL's revenue miss. BDSI reported revenue of $13.1M and a... More