Ionis Pharma (IONS) Reports Q2 Loss of $0.09/Share

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Ionis Pharmaceuticals (IONS) PT Raised to $50 at Stifel; Reiterates Hold

August 9, 2017 7:08 AM EDT

Stifel raised its price target on Ionis Pharmaceuticals (NASDAQ: IONS) to $50.00 (from $42.00) while maintaining a Hold rating following the company's 2Q. IONS reported a net loss of $(0.09)/share, narrowly missing Consensus estimates for $(0.11). Higher-than-estimated revenues of $105M drove most of the beat,... More