Edge Therapeutics (EDGE) Tops Q4 EPS by 2c

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Leerink Partners Cuts Price Target on Edge Therapeutics (EDGE) Following 4Q Results

March 8, 2016 1:51 PM EST

Leerink Partners maintained an Outperform rating on Edge Therapeutics (NASDAQ: EDGE), and cut the price target to $24.00 (from $27.00), following the company's 4Q. EDGE reported a net loss and EPS of $8.1M and ($0.30), which was largely in-line with Leerink's estimates of $7.9M and ($0.28).

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