Laidlaw Downgrades Intercept Pharmaceuticals (ICPT) to Sell

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Intercept (ICPT) OCA Off to Gradual Start in PBC, BMO Capital Notes; PT to $218

August 4, 2016 1:55 PM EDT

BMO Capital analyst M. Ian Somaiya trimmed his price target on Intercept Pharmaceuticals (NASDAQ: ICPT) to $218.00 (from $219.00) but maintained an Outperform rating following the sell-off following 2Q16 results is primarily driven by a lack of visibility into the timing of meaningful sales for recently... More

Intercept Pharma (ICPT) Posts Mixed Q2 Results: Updates on Ocaliva

August 4, 2016 7:06 AM EDT

Intercept Pharma (NASDAQ: ICPT) reported Q2 EPS of ($3.14), $0.55 better than the analyst estimate of ($3.69). Revenue for the quarter came in at $5.52 million versus the consensus estimate of $1.72 million.

Ocaliva Commercial Update

Following a 17 to 0 FDA Advisory Committee vote in favor of... More