CORRECTING and REPLACING Inogen Announces First Quarter 2016 Financial Results

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Stifel Raises Price Target After Inogen (INGN) Reports Better-Than-Expected 1Q

May 10, 2016 9:48 AM EDT

Stifel reiterated a Buy rating on Inogen, Inc (NASDAQ: INGN), and raised the price target to $52.00 (from $46.00), following the company's 1Q earnings report. INGN reported revenue of $43m, ahead of the consensus estimate of ~$41.7m. The strongest contributor to growth was the domestic business-to-business channel.... More