Prothena Corp. (PRTA) Tops Q2 EPS by 5c

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Prothena (PRTA) Pivotal Trial Readout Coming in 2H18 - Wedbush

February 19, 2016 9:47 AM EST

Wedbush analyst, Heather Behanna, expects a potential catalyst for Prothena Corp (NASDAQ: PRTA) in 2H18 when data from the VITAL enrollment is released. A slip in the launch date pressures the price target to $77 but the analyst keeps the Outperform rating.

NEOD001 VITAL enrollment update sets up for pivotal trial readout in 2H18. At this time, Prothena anticipates enrollment to be complete in 2Q17 with data to follow in 12-18 months. As a reminder, VITAL is an event driven study enrolling newly diagnosed AL... More