Cara Therapeutics (CARA) PT Raised to $33 at Jefferies

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Cara Therapeutics (CARA) FV Target Raised to $33 at Janney

May 29, 2019 3:40 PM EDT

Janney analyst Esther Hong raised the fair value target on Cara Therapeutics (NASDAQ: CARA) to $33.00 (from $27.00) while maintaining a Buy rating following data.

The analyst commented, "Today's announcement of positive Ph.3 KALM-1 IV-Korsuva data demonstrating statistical significance on the primary and all... More

Cara Therapeutics (CARA) PT Raised to $28 at H.C. Wainwright

May 29, 2019 10:55 AM EDT

H.C. Wainwright analyst Oren Livnat raised the price target on Cara Therapeutics (NASDAQ: CARA) to $28.00 (from $26.00) while maintaining a Buy rating.

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Cara Therapeutics (CARA) PT Raised to $33 at Stifel

May 29, 2019 10:53 AM EDT

Stifel analyst Annabel Samimy raised the price target on Cara Therapeutics (NASDAQ: CARA) to $33.00 (from $26.00) while maintaining a Buy rating.

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Cara Therapeutics (CARA) PT Raised to $35 at Needham & Company

May 29, 2019 10:30 AM EDT

Needham & Company analyst Alan Carr raised the price target on Cara Therapeutics (NASDAQ: CARA) to $35.00 (from $28.00) while maintaining a Buy rating.

Carr commented, "Cara reported today that Korsuva Phase 3 KALM-1 trial met all primary and secondary endpts. Statistically significant and clinically meaningful effects... More

Cara Therapeutics (CARA) option implied volatility comes in after topline data

May 29, 2019 10:01 AM EDT

Cara Therapeutics (NASDAQ: CARA) June call option implied volatility is at 84, July is at 68; compared to its 52-week range of 47 to 174 after announcing topline data from the KALM-1 pivotal Phase 3 trial of Korsuva Injection in hemodialysis patients with moderate-to-severe chronic kidney disease-associated pruritus.

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Pre-Open Movers 05/29: (SOLY) (CARA) (AMRN) Higher; (ANF) (GOOS) (CPRI) (more...)

May 29, 2019 9:28 AM EDT

Today's Pre-Open Movers

Soliton, Inc. (NASDAQ: SOLY) 53.6% HIGHER; adds to 148% move on Tuesday following FDA 510(k) clearance.

Abercrombie & Fitch (NYSE: ANF) 18.9% LOWER; reported Q1 EPS of ($0.29), $0.15 better than the analyst estimate of ($0.44). Revenue for the quarter came in at $733.97 million versus the consensus estimate of $733.16 million. Q2 Net sales to be flat to up 2%, reflecting an adverse impact from changes in foreign currency exchange rates of approximately $10 million. Q2 Comparable... More

Cara Therapeutics (CARA) option implied volatility elevated into announcing topline data

May 29, 2019 9:23 AM EDT

Cara Therapeutics (NASDAQ: CARA) June call option implied volatility is at 171, July is at 135; compared to its 52-week range of 47 to 174 into announcing topline data from the KALM-1 pivotal Phase 3 trial of Korsuva Injection in hemodialysis patients with moderate-to-severe chronic kidney disease-associated pruritus.

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Stifel Reiterates Buy Rating on Cara Therapeutics (CARA)

May 29, 2019 8:23 AM EDT

Stifel analyst Annabel Samimy reiterated a Buy rating and $26.00 price target on Cara Therapeutics (NASDAQ: CARA) following positive top-line data from the first pivotal study (KALM-1) of IV-Korsuva in pruritus associated with chronic kidney disease (CKD-aP) in hemodialysis patients.

The study met its... More

Cara Therapeutics (CARA) to Resume Trading at 7:30 am ET

May 29, 2019 7:04 AM EDT

Cara Therapeutics (NASDAQ: CARA) to Resume Trading at 7:30 am ET

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Cara Therapeutics (CARA) Phase 3 Trial of KORSUVA Injection in Hemodialysis Patients with Pruritus Met Primary Endpoint

May 29, 2019 7:02 AM EDT

Cara Therapeutics, Inc. (Nasdaq: CARA), a biopharmaceutical company focused on developing and commercializing new chemical entities with a primary focus on the treatment of pruritus by selectively targeting peripheral kappa opioid receptors, today announced positive topline data from the KALM-1 pivotal Phase 3 trial of KORSUVA (CR845/difelikefalin) Injection in hemodialysis patients with moderate-to-severe chronic kidney disease-associated pruritus (CKD-aP).

Statistically significant improvement in primary endpoint of proportion of patients with three point or greater reduction in mean worst itching intensity NRS score vs. placebo (p=0.000019) Statistically significant improvement in key secondary... More