Five Prime Therapeutics (FRPX) PT Raised to $60 at Jefferies

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Five Prime Therapeutics (FPRX) Pipeline on Track, Leerink Says; PT to $58

August 5, 2016 8:16 AM EDT

Leerink Partners analyst Michael Schmidt reiterated an Outperform rating and raised his price target on Five Prime Therapeutics (NASDAQ: FPRX) to $58.00 (from $45.00) following Q2 updated with the pipeline on track.

Schmidt commented, "We updating our estimates to reflect 2Q16 financial results and are maintaining our OP rating on FPRX shares despite the recent... More

Five Prime Therapeutics (FPRX) Tops Q2 EPS by 7c

August 4, 2016 5:38 PM EDT

Five Prime Therapeutics (NASDAQ: FPRX) reported Q2 EPS of ($0.49), $0.07 better than the analyst estimate of ($0.56). Revenue for the quarter came in at $9.92 million versus the consensus estimate of $6.38 million.

"Were pleased with the progress weve made through the first half of the year and... More