Mizuho Maintains Bearish View on Relypsa (RLYP) Despite Q1 Top-Line Beat

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Relypsa (RLYP) Financing Does Not Prevent 2016 Acquisition - Wedbush

May 9, 2016 10:40 AM EDT

In a note dated May 6, Wedbush analyst Liana Moussatos reiterated an Outperform rating while trimming her price target on Relypsa, Inc. (NASDAQ: RLYP) to $51.00 (from $52.00), saying the financing provides a runway into mid-2017 and does not prevent a 2016 acquisition.

Moussatos commented, "The recent $150MM debt financing alleviates 2016 cash... More

Debt Financing Buys Relypsa (RLYP) Time to Negotiate a Sale - Brean

May 5, 2016 10:11 AM EDT

Brean Capital analyst Difei Yang reiterated a Buy rating and $26 price target on Relypsa, Inc. (NASDAQ: RLYP) as Q1 beat consensus estimates, though the commercial launch of Veltassa continues to be slow.

"While Veltassa is still attractive in the long... More

Relypsa (RLYP) Tops Q1 EPS by 20c

May 4, 2016 4:09 PM EDT

Relypsa (NASDAQ: RLYP) reported Q1 EPS of ($1.26), $0.20 better than the analyst estimate of ($1.46). Revenue for the quarter came in at $12.4 million versus the consensus estimate of $6.88 million.

We made great progress in our first full quarter with Veltassa on the market. We saw solid month-over-month growth of prescriptions, reported early success with payers, including agreements with the two largest pharmacy benefit managers, and have had a positive reception from treating physicians, said John A. Orwin, president and chief executive officer of Relypsa. Yesterday, we announced a debt financing that will... More