Tesaro (TSRO) PT Lowered to $76 at Wedbush

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TESARO (TSRO): Varubi IV Discontinuation Surprises - Credit Suisse

February 28, 2018 7:34 AM EST

Credit Suisse analyst, Alethia Young, reiterated her Outperform rating on shares of Tesaro (NASDAQ: TSRO) and cut her price target to $141 from $150 after the company announced unexpectedly that they are suspending distribution of Varubi IV in the US after cases of hypersensitivity and... More

Tesaro (TSRO) PT Lowered to $107 at H.C. Wainwright

February 28, 2018 7:14 AM EST

H.C. Wainwright lowered its price target on Tesaro (NASDAQ: TSRO) to $107.00 (from $158.00) while maintaining a Buy rating.

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Tesaro (TSRO) PT Lowered to $66 at Cowen

February 28, 2018 6:47 AM EST

Cowen lowered its price target on Tesaro (NASDAQ: TSRO) to $66.00 (from $80.00) while maintaining a Neutral rating after taking down Zejula and Varubi estimates.

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Tesaro (TSRO) PT Lowered to $65 at Baird as 2018 Guidance Disappoints

February 28, 2018 6:38 AM EST

Baird lowered its price target on Tesaro (NASDAQ: TSRO) to $65.00 (from $102.00) while maintaining a Neutral rating as 2018 guidance disappoints.

Analyst Michael Ulz notes management provided disappointing 2018 guidance ($255M-$275M vs. cons: $307M).

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Tesaro (TSRO) PT Lowered to $150 at SunTrust Robinson Humphrey

February 28, 2018 6:36 AM EST

SunTrust Robinson Humphrey lowered its price target on Tesaro (NASDAQ: TSRO) to $150.00 (from $160.00) while maintaining a Buy rating.

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Tesaro (TSRO) PT Lowered to $60 at Piper Jaffray

February 28, 2018 6:10 AM EST

Piper Jaffray lowered its price target on Tesaro (NASDAQ: TSRO) to $60.00 (from $65.00) while maintaining a Neutral rating.

Analyst Chris Raymond comments "While we commend management for providing a detailed roadmap for achieving short-term and longer-term revenue goals, we continue to think increasing... More

Tesaro (TSRO) PT Lowered to $90 at Barclays

February 28, 2018 4:15 AM EST

Barclays lowered its price target on Tesaro (NASDAQ: TSRO) to $90.00 (from $135.00) while maintaining a Equalweight rating.

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Tesaro (TSRO) PT Lowered to $115 at Guggenheim; 'Meager PARP Sales But 2018 Is Data-Rich'

February 28, 2018 2:11 AM EST

Guggenheim lowered its price target on Tesaro (NASDAQ: TSRO) to $115.00 (from $125.00) while maintaining a Buy rating.

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Tesaro (TSRO) PT Lowered to $122 at Oppenheimer

February 28, 2018 1:40 AM EST

Oppenheimer lowered its price target on Tesaro (NASDAQ: TSRO) to $122.00 (from $199.00) while maintaining a Outperform rating.

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After-Hours Stock Movers 02/27: (PHH) (AAXN) (ETSY) Higher; (BGS) (TSRO) (CELG) Lower (more...)

February 27, 2018 6:04 PM EST

Today's After-Hours Movers

PHH Corporation (NYSE: PHH) 22.7% HIGHER; Ocwen Financial Corporation (NYSE: OCN) today announced a definitive agreement under which Ocwen will acquire all of the outstanding shares of PHH Corporation (NYSE: PHH) (PHH), a mortgage platform with established servicing and origination recapture capabilities, for approximately $360 million in cash or $11 per diluted common share. The purchase price represents a 35 percent discount to PHHs GAAP book equity at December 31, 2017.

Axon Enterprise (NASDAQ: AAXN) 16.7%... More

TESARO (TSRO) Misses Q4 EPS by 96c, Guides Revenue Below Views

February 27, 2018 4:09 PM EST

TESARO (NASDAQ: TSRO) reported Q4 EPS of ($3.35), $0.96 worse than the analyst estimate of ($2.39). Revenue for the quarter came in at $48 million versus the consensus estimate of $55.21 million.

GUIDANCE:

TESARO sees FY2018 revenue of $310-345 million, versus the consensus of $383.9... More