Regulus Therapeutics (RGLS) Q2 Revenue Tops Views

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Wedbush Sees ~460% Upside in Regulus Therapeutics (RGLS) After Bumping Target to $42

August 5, 2015 1:03 PM EDT

Wedbush analyst Liana Moussatos reiterated an Outperform rating and boosted her price target on Regulus Therapeutics (NASDAQ: RGLS) to $42.00 (from $41.00) following Q2 results. The analyst projects $139MM cash lasts through 2016 and covers material catalysts.

Moussatos said "With RGLS trading at only... More