Catabasis Pharma (CATB) Tops Q1 EPS by 4c

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Catabasis (CATB) PT Lowered to $9 at Oppenheimer; Reiterates Outperform

May 12, 2017 9:25 AM EDT

Oppenheimer lowered its price target on Catabasis (NASDAQ: CATB) to $9.00 (from $11.00) while maintaining a Outperform rating. Catabasis reported earnings on May 11, with OPEX coming in 10% below OPCO expectations.

Analyst Hartaj Singh updated OPEX estimates to reflect a smaller OPEX... More