RedHill Biopharma Reports 2017 Third Quarter Financial Results

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Redhill Biopharma (RDHL) PT Lowered to $20 at Roth Capital Following 3Q Release

November 14, 2017 7:08 AM EST

Roth Capital lowered its price target on Redhill Biopharma (NASDAQ: RDHL) to $20.00 (from $27.00) while maintaining a Buy rating following the company's 3Q earnings report. RDHL reported revenues of $1.5M versus estimate of $900K. Lower gross margins offset the revenue upside and gross... More