Alder BioPharma (ALDR) Tops Q2 EPS by 13c

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Go back to Alder BioPharma (ALDR) Tops Q2 EPS by 13c

Alder Biopharm (ALDR) PT Lowered to $27 at BMO Capital

August 9, 2017 8:11 AM EDT

BMO Capital lowered its price target on Alder Biopharm (NASDAQ: ALDR) to $27.00 (from $39.00) while maintaining a Outperform rating. Alder reported 2Q EPS of ($1.48), ahead the Streets ($1.62), driven by lower-than-expected R&D expense.

Analyst Matthew Luchini updated the model for 2Q results and adjusted... More