Tokai Pharma (TKAI) Posts Q1 Loss of 59c/Share

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Oppenheimer Starts Tokai Pharmaceuticals (TKAI) at Outperform

May 12, 2015 6:06 AM EDT

Oppenheimer initiates coverage on Tokai Pharmaceuticals (NASDAQ: TKAI) with a Outperform rating and a price target of $38.00, citing the company's novel agent for treating prostate cancer where others fail.

Analyst Ling Wang commented, "We are initiating coverage of Tokai Pharmaceuticals, Inc.... More