Sucampo Reports Strong Results for First Quarter of 2016

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Guggenheim Reiterates Buy on Sucampo Pharma (SCMP) Following 1Q Earnings

May 4, 2016 1:07 PM EDT

Guggenheim reiterated a Buy rating and $29.00 price target on Sucampo Pharmaceuticals (NASDAQ: SCMP) following the company's 1Q earnings report. SCMP reported 1Q16 diluted EPS of $0.21, in line with consensus. Management reiterated its '16 adjusted EPS guidance of $1.02 at the midpoint (consensus was $1.05).

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