Concert Pharmaceuticals, Inc. (CNCE) Misses Q2 EPS by 3c

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Roth Keeps Concert Pharma (CNCE) at Buy; Making Good Progress with Clinical Programs

August 12, 2014 3:23 PM EDT

Roth Capital affirms Concert Pharmaceuticals (Nasdaq: CNCE) at Buy with a target price of $28 following the company's Q2 results.

Concert reported Q2 loss of $0.45 per share versus Roth's estimated loss of $0.47 per share.

Analyst Joseph Pantginis commented, We believe Concert is making good progress on their clinical programs, both in their in-house and partnered programs. The company's R&D expenses are... More