Peregrine Pharma (PPHM) Misses Q1 EPS by 1c

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Roth Remains Neutral on Peregrine Pharma (PPHM); Pipeline Advancing Well, but Catalysts Remain

September 9, 2016 11:09 AM EDT

Roth Capital affirms Peregrine Pharma (Nasdaq: PPHM) with a Neutral rating and $0.50 price target following Q1 results issued Thursday night.

Analyst Joseph Pantginis noted Peregrine's efforts to advances its pipeline. The analyst commented: In our opinion, PPHM is making strategic decisions in order to grow and become profitable through a two pronged approach:... More