Medivation (MDVN) PT Raised to $70 at RBC Capital

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Needham & Company Sees Little Upside in Medivation (MDVN)

May 9, 2016 3:57 PM EDT

Needham & Company analyst Chad Messer weighed in on Hold-rated Medivation (NASDAQ: MDVN), saying another Xtandi miss is being overlooked by the takeover battle. The analyst sees little upside from current levels.

Messer commented, "Medivation rejected Sanofi's recent $52.50/share ($9.3 billion) takeover bid. However,... More

Medivation (MDVN) PT Raised to $50 at BMO Capital

May 6, 2016 9:12 AM EDT

BMO Capital analyst Do Kim raised his price target on Medivation (NASDAQ: MDVN) to $50.00 (from $47.00) but maintained a Market Perform rating.

Kim commented, "Medivation provided the most transparency ever on its pipeline and revenue expectations in response to Sanofis unsolicited offer of... More

Medivation (MDVN) PT Raised to $56 at Jefferies

May 6, 2016 7:52 AM EDT

Jefferies analyst Biren Amin bumped his price target on Medivation (NASDAQ: MDVN) to $56.00 (from $52.00) but maintained a Hold rating.

Amin commented, "MDVN reported $307.6M in U.S. Xtandi sales despite seasonal headwinds and reiterated sales guidance of $1.425-1.525B in 2016 and issued long term... More

Citi Upgrades Medivation (MDVN) to Buy

May 6, 2016 7:39 AM EDT

Citi upgraded Medivation (NASDAQ: MDVN) from Neutral to Buy.

For an analyst ratings summary and ratings history on Medivation click here. For more ratings news on Medivation click here.

Shares of Medivation closed at $59.22 yesterday.

... More

Medivation (MDVN) Is All About Price Now - Leerink

May 6, 2016 7:09 AM EDT

Leerink Partners analyst, Geoffrey Porges, raised his PT on Medivation (NASDAQ: MDVN) to the takeout price: $64 from $39. No change to Market Perform rating.

Medivation presented its keenly awaited Q1 financial results, and then delivered an extended explanation of managements view of the companys many value drivers, and of the basis for its summary rejection of Sanofis (OP) unsolicited written offer (and of their... More

Medivation (MDVN) Misses Q1 EPS by 12c, Sales Miss; Reaffirms

May 5, 2016 4:15 PM EDT

Medivation (NASDAQ: MDVN) reported Q1 EPS of $0.11, $0.12 worse than the analyst estimate of $0.23. Revenue for the quarter came in at $182.5 million versus the consensus estimate of $196.61 million.

"Medivation is off to a strong start in 2016 as we continue to expand our leadership position in oncology, extend XTANDI's reach into urology and other areas, and advance our robust late-stage pipeline," said David Hung, M.D., Founder, President and Chief Executive Officer of Medivation. "The... More