Lannett (LCI) Misses Q4 EPS by 25c, FY Revenue Guidance Tops Views

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Lannett Co (LCI) PT Lowered to $20 at BMO Capital on 4Q17 Report & F2018 Guidance; 'Shortfall Due to Pricing & Volume Pressures'

August 24, 2017 8:38 AM EDT

BMO Capital lowered its price target on Lannett Co (NYSE: LCI) to $20.00 (from $26.00) while maintaining a Market Perform rating, following the company's fourth quarter earnings results and 2018 guidance release.

Analyst Gary Nachman notes the company reported fourth quarter sales and adjusted earnings per share... More