Concert Pharma (CNCE) Misses Q1 EPS by 18c

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Concert Pharmaceuticals (CNCE) PT Lowered to $18 at UBS

May 6, 2016 9:02 AM EDT

UBS analyst Jeffrey Hung lowered his price target on Concert Pharmaceuticals (NASDAQ: CNCE) to $18.00 (from $28.00) but maintained a Buy rating following Q1 results.

Hung commented, "This morning, Concert reported 1Q16 results, but not surprisingly the focus of the call was on the... More