Cempra (CEMP) Tops Q4 EPS by 11c

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Baird Remains Bullish Following Cempra's (CEMP) 4Q; Focus Remains on Solithromycin Launch

February 25, 2016 7:09 AM EST

Baird maintained an Outperform rating on Cempra, Inc. (NASDAQ: CEMP), and cut the price target to $33.00 (from $38.00), following the company's 4Q. Cempra is currently focused on completing regulatory submissions for Solithromycin in CABP and prepping for launch in 2017. As such, the company's 4Q results are... More