Eagle Pharmaceuticals (EGRX): Analyst Day Takeaway - RBC

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Go back to Eagle Pharmaceuticals (EGRX): Analyst Day Takeaway - RBC

Mizuho Securities Downgrades Eagle Pharmaceuticals (EGRX) to Neutral; Stock to Plateau Post-Analyst Day

November 16, 2016 6:28 AM EST

Mizuho Securities downgraded Eagle Pharmaceuticals (NASDAQ: EGRX) from Buy to Neutral while maintaining a $78 price target.

Analyst Irina Koffler commented, "We expect the stock to plateau after the Analyst Day due to lighter catalyst flow, weaker Treanda/Bendeka revenues reported by partner... More