Momenta Phama (MNTA) Misses Q4 EPS Views

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Stifel Cuts PT on Momenta Pharma (MNTA) to $20; Glatopa Court Battle Becomes Increasingly Important

February 18, 2016 2:41 PM EST

Stifel trims its price target on Buy-rated Momenta Pharmaceuticals (Nasdaq: MNTA) from $29 to $20 following Q4 results reported earlier Thursday.

Analyst Thomas Shrader commented: Momenta reported 4Q15 GLATOPA revenues of $15.6 million, and $43.6 million for the year 2015, resulting in an EPS of $(0.43) for the... More