Conatus Pharmaceuticals (CNAT) PT Lowered to $14 at H.C. Wainwright
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Go back to Conatus Pharmaceuticals (CNAT) PT Lowered to $14 at H.C. Wainwright
December 6, 2018 8:56 AM EST
Oppenheimer analyst Jay Olson lowered the price target on Conatus Pharmaceuticals (NASDAQ: CNAT) to $10.00 (from $14.00) while maintaining a Outperform rating.
Olson commented, "CNAT top-lined results from the Ph2b ENCORE-PH trial in 240 patients with compensated or early decompensated (~24% of patients) NASH cirrhosis... More
December 6, 2018 6:20 AM EST
Conatus Pharmaceuticals Inc. (Nasdaq: CNAT) today announced top-line results from the companys Phase 2b ENCORE-PH clinical trial showing clinically meaningful treatment effects in compensated NASH cirrhosis patients at high risk of decompensation. The trials primary endpoint was change in mean hepatic venous pressure gradient (HVPG) from baseline to Week 24 in any of three emricasan dosing groups compared with placebo. In the overall trial population, changes in HVPG from baseline to Week 24 showed trends consistently favoring emricasan compared with placebo but did not meet the primary endpoint.
The total patient population was... More
December 6, 2018 3:54 AM EST
Stifel analyst Stephen Willey downgraded Conatus Pharmaceuticals (NASDAQ: CNAT) from Buy to Hold with a price target of $4.00 (from $10.00).
For an analyst ratings summary and ratings history on Conatus Pharmaceuticals click here. For more ratings news on Conatus Pharmaceuticals click here.
Shares of Conatus Pharmaceuticals closed at $4.50 yesterday.
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