Medivation (MDVN) Tops Q4 EPS by 5c, Offers Guidance

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Leerink Partners Remains Sidelined on Medivation (MDVN) Following an EPS Beat

February 26, 2016 7:15 AM EST

Leerink Partners maintained a Market Perform rating on Medivation (NASDAQ: MDVN), and cut the price target to $39.00 (from $41.00), following the company's 4Q earnings report. Non GAAP EPS was $0.29, ahead of consensus estimates of $0.25. As expected R&D surged to fund the companys recently... More