Applied Genetic Technologies (AGTC) Misses Q4 EPS by 24c, Miss on Revenues

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Applied Genetic Technologies Corp. (AGTC) PT Lowered to $12 at Stifel

September 13, 2017 4:27 PM EDT

Stifel lowered its price target on Applied Genetic Technologies Corp. (NASDAQ: AGTC) to $12.00 (from $15.00) while maintaining a Buy rating following the company's 4Q. Net loss of $3.2M, or $(0.18)/share, was wider than the Consensus estimate of $0.08. Lower-than-anticipated collaborative revenue drove the majority of the... More

UPDATE: Applied Genetic Technologies Corp. (AGTC) PT Lowered to $7 at BMO Capital; Lower Probability of XLRS Success

September 13, 2017 12:05 PM EDT

(Updated - September 13, 2017 12:07 PM EDT)

(correction: price target lowered not raised)

BMO Capital lowered its price target on Applied Genetic Technologies Corp. (NASDAQ: AGTC) to $7 (from $14) while maintaining a Outperform rating.

Analyst Matthew Luchini cited a lower probability of success for the lead XLRS program to 40% from 70%.

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Applied Genetic Technologies Corp. (AGTC) PT Lowered to $8 at H.C. Wainwright, Keeps 'Buy'

September 13, 2017 9:39 AM EDT

H.C. Wainwright lowered its price target on Applied Genetic Technologies Corp. (NASDAQ: AGTC) to $8.00 (from $16.00) while maintaining a Buy rating.

Analyst Joseph Pantginis said while programs are chugging along, timelines were pushed out again.

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