Elan Corp. (ELN) Posts Q3 GAAP Loss of 36c/Share
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Jefferies Wants Proof of Above-Consensus Profitability at Elan Corp (ELN)
October 25, 2012 1:18 PM EDTJefferies maintained a Buy on Elan Corp (NYSE: ELN) but cut its price target to $14.00 (from $15.00).
"Tysabri end-user sales and patient-adds came in below expectations, but higher Tysabri profitability and ELN spending cuts brought in adj-EPS of $0.02, vs our high-on-Street $0.00 and consensus ($0.06)," said analyst... More
