Momenta Phama (MNTA) Tops Q2 EPS by 20c

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Momenta Pharmaceuticals (MNTA) PT Lowered to $26 at Stifel on 1Q Results; 'Patents & Production Issues Continue'

May 2, 2017 2:36 PM EDT

Stifel lowered its price target on Momenta Pharmaceuticals (NASDAQ: MNTA) to $26.00 (from $30.00) while maintaining a Buy rating, as the company reported first quarter earnings results.

Analyst Thomas Shrader notes the company reported first quarter results, as management improved cash position due to a one-time... More