Endologix (ELGX) Misses Q3 EPS by 3c

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Leerink Partners Cuts Price Target on Endologix (ELGX) Following In-Line 3Q

November 2, 2016 7:34 AM EDT

Leerink Partners maintained a Market Perform rating on Endologix (NASDAQ: ELGX), and cut the price target to $11.00 (from $13.00), following the company's 3Q earnings report. Revenues of $52.1MM was above the Street's $51.9MM as OUS sales came in slightly above expectations. EPS reported a loss of ($0.11), beating... More