FibroGen Reports Fourth Quarter and Full Year 2017 Financial Results

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FibroGen (FGEN) PT Lowered to $79 at Stifel

February 28, 2018 6:27 AM EST

Stifel lowered its price target on FibroGen (NASDAQ: FGEN) to $79.00 (from $80.00) while maintaining a Buy rating following Q4 results.

Analyst Alex Schwartz noted for chronic kidney disease (CKD) anemia with roxadustat, the company now guided topline data in the U.S. during 4Q18 and an NDA filing in 1H19.

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