Depomed (DEPO) Misses Q2 EPS by 1c, Trims FY Guidance

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DepoMed Inc (DEPO) PT Lowered to $9 at Piper Jaffray

August 8, 2017 8:23 AM EDT

Piper Jaffray lowered its price target on DepoMed Inc (NASDAQ: DEPO) to $9.00 (from $10.00) while maintaining a Neutral rating following Q2 results and another downward guide.

"Notably, DEPO cut its 2017 revenue and EBITDA guidance ranges once again, driven in part by continued headwinds... More