Salix Pharmaceuticals (SLXP) Price Target Reduced to $102 at Goldman Sachs

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Salix Pharmaceuticals (SLXP) Price Target Lowered to $102 at Deutsche Bank (Earlier)

November 10, 2014 3:45 PM EST

Deutsche Bank earlier maintained a Hold rating on Salix Pharmaceuticals (NASDAQ: SLXP) and reduced its price target to $102.00 (from $134.00). Last week the stock declined after issuing weak Q4 outlook.

Analyst Gregg Gilbert said, "While our PT suggests decent upside from the current... More

Salix Pharmaceuticals (SLXP) Target Sliced to $119 at Piper Jaffray on Inventory Disaster

November 7, 2014 9:18 AM EST

Piper Jaffray analyst David Amsellem cut estimates and his price target on Salix Pharmaceuticals (NASDAQ: SLXP) to $119.00 (from $189.00) while maintaining an Overweight rating.

Amsellem commented, "It is now clear that Salixs management (or rather mismanagement) of inventory has been an unmitigated disaster that will depress... More

William Blair Downgrades Salix Pharmaceuticals (SLXP) to Market Perform

November 7, 2014 7:16 AM EST

William Blair downgraded Salix Pharmaceuticals (NASDAQ: SLXP) from Outperform to Market Perform.

For an analyst ratings summary and ratings history on Salix Pharmaceuticals click here. For more ratings news on Salix Pharmaceuticals click here.

Shares of Salix Pharmaceuticals closed at $138.55 yesterday.

... More

Stifel Downgrades Salix Pharmaceuticals (SLXP) to Hold

November 7, 2014 7:15 AM EST

Stifel downgraded Salix Pharmaceuticals (NASDAQ: SLXP) from Buy to Hold.

For an analyst ratings summary and ratings history on Salix Pharmaceuticals click here. For more ratings news on Salix Pharmaceuticals click here.

Shares of Salix Pharmaceuticals closed at $138.55 yesterday.

... More

Mizuho Securities Downgrades Salix Pharmaceuticals (SLXP) to Neutral

November 7, 2014 7:15 AM EST

Mizuho Securities downgraded Salix Pharmaceuticals (NASDAQ: SLXP) from Buy to Neutral.

For an analyst ratings summary and ratings history on Salix Pharmaceuticals click here. For more ratings news on Salix Pharmaceuticals click here.

Shares of Salix Pharmaceuticals closed at $138.55 yesterday.

... More

Salix Pharma (SLXP) Misses Q3 EPS by 3c; Issues Weak Q4 Outlook

November 6, 2014 4:26 PM EST

Salix Pharma (NASDAQ: SLXP) reported Q3 EPS of $1.53, $0.03 worse than the analyst estimate of $1.56. Revenue for the quarter came in at $354.7 million versus the consensus estimate of $394 million.

Salix Pharma sees FY2014 EPS of $5.20, versus the consensus of $6.17. Salix Pharma sees FY2014 revenue of... More

Salix Pharma (SLXP) CFO Derbyshire Resigns

November 6, 2014 4:06 PM EST

Salix Pharma (NASDAQ: SLXP) announced the appointment of Timothy J. Creech as Acting Chief Financial Officer of the Company, effective immediately. He succeeds Adam C. Derbyshire, who resigned his position at the Company.

Mr. Creech, who joined the Company in 2007, has most recently been serving as the Companys Senior Vice President, Finance and... More