Trevena (TRVN) Tops Q3 EPS by 5c

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Trevena (TRVN) PT Lowered to $7 at Needham & Company on 3Q Report; 'We Reduced Our U.S. Olinvo Sales Estimates'

November 8, 2017 8:27 AM EST

Needham & Company lowered its price target on Trevena (NASDAQ: TRVN) to $7.00 (from $9.00) while maintaining a Buy rating, following the company's third quarter earnings report.

Analyst Alan Carr notes a cautious outlook, as the company reported third quarter earnings per share results above... More