Needham & Company Reiterates Buy on Cidara Therapeutics (CDTX) Following 2Q Report

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Wedbush Reiterates Outperform on Cidara Therapeutics (CDTX) Following 2Q

August 16, 2016 8:21 AM EDT

Wedbush reiterated an Outperform rating and $22.00 price target on Cidara Therapeutics (NASDAQ: CDTX) following the company's 2Q. CDTX reported a net loss of ($11.9M) or ($0.85)/share, below the consensus of ($0.76), on higher than expected R&D costs.

Analyst David Nierengarten commented, "With CD101... More

BTIG Expects More Visibility for Cidara Therapeutics' (CDTX) CD101 Soon; Affirms at 'Buy'

August 15, 2016 11:48 AM EDT

BTIG affirms Cidara Therapeutics, Inc. (Nasdaq: CDTX) at Buy with a price target of $24 following recent quarterly results and CD101 update.

Analyst Timothy Chiang commented, We expect more visibility on the Co.s novel echinocandin (antifungal) product candidate, CD101, by early 2017 when... More