Ironwood Pharmaceuticals Provides Second Quarter 2016 Investor Update
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Leerink Partners Raises Price Target on Ironwood Pharma (IRWD) to $14; Reiterates Market Perform
August 5, 2016 9:03 AM EDTLeerink Partners reiterated a Market Perform rating on Ironwood Pharmaceuticals (NASDAQ: IRWD), and raised the price target to $14.00 (from $10.00), following the company's 2Q earnings report. Linzess sales grew to $150.5m, ~2% above forecasts. Underlying sales growth of +34% was driven by 29% Rx volume growth. IRWD will launch Zurampic (gout) in October 2016. Zurampic... More
Ironwood Pharma (IRWD) Misses Q2 EPS by 1c
August 4, 2016 4:19 PM EDTIronwood Pharma (NASDAQ: IRWD) reported Q2 EPS of ($0.16), $0.01 worse than the analyst estimate of ($0.15). Revenue for the quarter came in at $54.4 million versus the consensus estimate of $55.46 million.
For earnings history and earnings-related data on Ironwood Pharma (IRWD) click here.
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