Zafgen (ZFGN) Tops Q1 EPS by 5c

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Go back to Zafgen (ZFGN) Tops Q1 EPS by 5c

Canaccord Genuity Maintain Buy Following Zafgen (ZFGN) Q1 Results

May 13, 2015 10:44 AM EDT

Canaccord Genuity maintain a Buy rating on Zafgen (NASDAQ: ZFGN), and lowered the price target to $53.00 (from $58.00), following Q1 results. Zafgen reported Q1 EPS of ($0.53), beating Canaccord's estimate of ($0.62) by $0.09. During the last earnings call, it was announced that data from the Ph3 Prader-Willi Syndrom (PWS) trial would be delayed until 2Q16.... More