Raptor Pharmaceutical (RPTP) Receives FDA Approval for Procysbi

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Wedbush Downgrades Raptor Pharmaceuticals (RPTP) to Neutral

May 2, 2013 7:33 AM EDT

Wedbush downgraded Raptor Pharmaceuticals (NASDAQ: RPTP) from Outperform to Neutral with a price target of $7.00 (from $10.00).

Analyst Gregory R. Wade said "We expect a decision from the FDAs Office of Orphan Drugs on PROCYSBIs potential orphan drug exclusivity... More