Lannett Provides Update On Contract Renewal With Jerome Stevens Pharmaceuticals

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Go back to Lannett Provides Update On Contract Renewal With Jerome Stevens Pharmaceuticals

Lannett Co (LCI) PT Lowered to 'Street Low' $5 at Deutsche Bank

August 20, 2018 1:46 PM EDT

Deutsche Bank analyst Gregg Gilbert lowered the price target on Lannett Co (NYSE: LCI) to a street low $5.00 (from $20.00) while maintaining a Hold rating amid news the contract with Jerome Stevens Pharmaceuticals (JSP) will not be renewed.

"Our new target... More

Craig-Hallum Downgrades Lannett Co (LCI) to Neutral

August 20, 2018 12:57 PM EDT

Craig-Hallum analyst Matthew Hewitt downgraded Lannett Co (NYSE: LCI) from Buy to Neutral with a price target of $7.00.

The analyst said the end of the JSP relationship creates a noticeable cash flow void.

For an analyst ratings summary and ratings... More