Anacor Pharma (ANAC) Misses Q1 EPS by 1c

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High Conviction in Anacor Pharmaceuticals (ANAC) Takeout - Mizuho

May 11, 2016 10:31 AM EDT

Mizuho Securities analyst Irina R. Koffler raised her price target on Buy-rated Anacor Pharmaceuticals (NASDAQ: ANAC) to $98.00 (from $95.00) on takeout potential.

Koffler commented, "We continue to have conviction in an ANAC takeout following the AGN call. The company's 1Q:16 miss should be overlooked in favor... More