Catalent (CTLT) Tops Q2 EPS by 2c

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Piper Jaffray Reiterates Outperform Following Catalent's (CTLT) 2Q Beat

February 10, 2016 9:03 AM EST

Piper Jaffray maintained an Overweight rating on Catalent (NYSE: CTLT), and cut the price target to $29.00 (from $30.50), following the company's 2Q earnings report. Revenue of $454.9M beat consensus of $440.3. Adjusted EPS of $0.36 beat consensus by three cents. The company lowered guidance for FY16 to... More