Nanosphere (NSPH) Reports Q1 Loss of $1.29; Enters $4.4M Direct Conv. Preferred Placement
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Canaccord Genuity Reiterates Buy Following Nanosphere (NSPH) Q1 Results
May 13, 2015 10:56 AM EDTCanaccord Genuity reiterate their Buy rating on Nanosphere (NASDAQ: NSPH), and raised the price target to $5.00 (from $1.50), following Q1 results. NSPH reported revenues of $4.6M, which matched Canaccord's estimate and beat the Street estimate of $4.4M. This comes after a (20-for-1) stock split... More
Piper Jaffray Raised PT Following Nanosphere (NSPH) Q1
May 13, 2015 9:15 AM EDTPiper Jaffray maintains a Neutral rating on Nanosphere (NASDAQ: NSPH), and raised the price target to $3.50 (from $0.30), following 1Q beat. NSPH reported revenue of 4.6M, beating estimates of $4.3M. Adjusted EPS of ($1.20) was above Piper Jaffray's reverse split adjusted ($1.57) estimate, and ($1.79) Street estimate.
Piper Jaffray analyst, William Quirk,... More
