Form 8-K Conatus Pharmaceuticals For: Dec 05

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Go back to Form 8-K Conatus Pharmaceuticals For: Dec 05

Conatus Pharmaceuticals (CNAT) PT Lowered to $14 at H.C. Wainwright

December 6, 2018 9:16 AM EST

H.C. Wainwright analyst Ed Arce lowered the price target on Conatus Pharmaceuticals (NASDAQ: CNAT) to $14.00 (from $15.00) while maintaining a Buy rating.

Arce commented, "We fully expect CNAT shares to drop over 10% today as some investors will undoubtedly look no further at yesterday's release of the ENCORE-PH top-line results, than to see that the study missed its primary endpoint. Following this expected initial... More