Flex Pharma Reports First Quarter 2017 Financial Results

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Go back to Flex Pharma Reports First Quarter 2017 Financial Results

Flex Pharma (FLKS) PT Lowered to $8 at Jefferies; HotShot Sales Impacted by Seasonality

May 4, 2017 8:19 AM EDT

Jefferies lowered its price target on Flex Pharma (NASDAQ: FLKS) to $8.00 (from $9.00) while maintaining a Buy rating.

Analyst Matthew Andrews notes HotShot sales were affected by seasonality as expected though there are signals that Q2 is off to a good start.

The firm cut FY 2017 EPS from ($1.90) to ($2.13)

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