CymaBay Therapeutic (CBAY) PT Lowered to $15 at Evercore ISI, Following Pharma Study Setback

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CymaBay Therapeutic (CBAY) Sell-Off 'Overdone' - SunTrust

June 11, 2019 1:25 PM EDT

SunTrust analyst Edward Nash reiterated a Buy rating and $19.00 price target on CymaBay Therapeutic (NASDAQ: CBAY), saying the sell-off is overdone.

Nash commented, "Although the lack of effect on liver fat makes seladelpar less attractive, we believe investors should not completely... More

CymaBay Therapeutic (CBAY) PT Lowered to $12 at Oppenheimer

June 11, 2019 12:00 PM EDT

Oppenheimer analyst Jay Olson lowered the price target on CymaBay Therapeutic (NASDAQ: CBAY) to $12.00 (from $18.00) while maintaining a Outperform rating.

Olson commented, "Seladelpar missed the primary efficacy endpoint of MRI-PDFF at week 12 in a Ph2 NASH study. Seladelpar did achieve significant and dose-dependent... More