Depomed (DEPO) Tops Q2 EPS by 27c; Boosts FY15 Outlook

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Janney Capital Downgrades DepoMed Inc (DEPO) to Neutral

July 30, 2015 9:28 AM EDT

Janney Capital downgraded DepoMed Inc (NASDAQ: DEPO) from Buy to Neutral.

For an analyst ratings summary and ratings history on DepoMed Inc click here. For more ratings news on DepoMed Inc click here.

Shares of DepoMed Inc closed at $31.87 yesterday.

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RBC Capital Downgrades DepoMed Inc (DEPO) to Sector Perform

July 30, 2015 6:46 AM EDT

RBC Capital downgraded DepoMed Inc (NASDAQ: DEPO) from Outperform to Sector Perform with a price target of $32.00 (from $26.00).

For an analyst ratings summary and ratings history on DepoMed Inc click here. For more ratings news on DepoMed Inc click here.

Shares of DepoMed Inc closed at $31.87 yesterday.

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Depomed (DEPO) Board Rejects Horizon Pharma's (HZNP) Revised Takeover Proposal

July 29, 2015 4:05 PM EDT

Depomed (NASDAQ: DEPO) announced that its Board of Directors, after careful consideration and with the assistance of its independent financial and legal advisors, has unanimously rejected the purported revised, highly conditional, unsolicited and non-binding proposal from Horizon Pharma plc (NASDAQ: HZNP) ("Horizon") to acquire all of the outstanding shares of Depomed in an all-stock transaction (the "July 21 Proposal").

The Depomed Board concluded that the July 21 Proposal is inadequate and not in the best interests of Depomed and its shareholders. The Depomed Board believes that the... More