Receptos (RCPT) Posts Mixed Q3 Results

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Receptos (RCPT) PT Raised to $141 at Nomura as UC Could Be Bigger Than MS

November 5, 2014 10:11 AM EST

Nomura Securities analyst M. Ian Somaiya reiterated a Buy rating and boosted his price target on Receptos, Inc (NASDAQ: RCPT) to $141.00 (from $136.00) following Q3 results saying ulcerative colitis (UC) could be bigger than multiple sclerosis (MS).

Somaiya commented, "We are increasing... More