Kindred Biosciences Announces Second Quarter 2018 Financial Results

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Kindred Biosciences (KIN) PT Raised to $16 at H.C. Wainwright

August 13, 2018 12:14 PM EDT

H.C. Wainwright analyst Swayampakula Ramakanth raised the price target on Kindred Biosciences (NASDAQ: KIN) to $16.00 (from $12.00) while maintaining a Buy rating.

Ramakanth said initial signs show a good appetite for Mirataz.

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Kindred Biosciences (KIN) Reports In-Line Q2 EPS

August 9, 2018 4:36 PM EDT

Kindred Biosciences (NASDAQ: KIN) reported Q2 EPS of ($0.39), in-line with the analyst estimate of ($0.39).

As of June 30, 2018, KindredBio had $109.9 million in cash, cash equivalents and investments, compared with $82.5 million as of December 31, 2017. Net cash used in operating activities for the first six months of 2018 was... More