China Biologic Products (CBPO) Tops Q2 EPS by 10c

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Go back to China Biologic Products (CBPO) Tops Q2 EPS by 10c

Jefferies Raises Price Target on China Biologic Products (CBPO) to $155; Reiterates Buy

August 8, 2016 8:07 AM EDT

Jefferies reiterated a Buy rating on China Biologic Products (NASDAQ: CBPO), and raised the price target to $155.00 (from $136.00), following the company's 2Q earnings report. Total sales revenue was up 15.6% yoy and Non-GAAP net income was up 23.0% yoy despite fx drag.

Analyst Kevin Zhao... More