Egalet (EGLT) Reports In-Line Q2 EPS

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Egalet Ltd (EGLT) PT Lowered to $6 at Stifel Following 2Q

August 10, 2017 7:08 AM EDT

Stifel lowered its price target on Egalet Ltd (NASDAQ: EGLT) to $6.00 (from $14.00) while maintaining a Buy rating following 2Q. EGLT posted net revenues of $6.255mn for 2Q17 with EPS loss of $(1.04) and ended the quarter with $87.9mn in cash.

EGLT has reprioritized its... More