Premarket analyst action - healtcare

Seeking Alpha

Published Sep 13, 2017 09:11AM ET

Premarket analyst action - healtcare

  • Reata Pharmaceuticals (NASDAQ:RETA) initiated with Outperform rating and $43 (43% upside) price target by Leerink.
  • Catalent (NYSE:CTLT) initiated with Hold rating by Needham citing valuation.
  • GenMark Diagnostics (NASDAQ:GNMK) price target lowered to $15 (53% upside) from $17 but Buy rating maintained by Needham citing managment comments about the ePlex annuity stream. Q4 results could miss consensus if system placements skew toward reagent rental versus outright purchase.
  • Centene (NYSE:CNC) price target raised to $90 (flat) from $78 by Leerink and $111 (22% upside) from $95 by Deutsche Bank (DE:DBKGn) after its announced acquisition of Fidelis Care.
  • Synergy Pharmaceuticals (NASDAQ:SGYP) price target lowered to $2.50 (12% downside risk) from $3.20 by Citigroup (NYSE:C). Sell rating maintained.
  • Source: Bloomberg
  • Now read: Pricing In A Lot Of Bad Luck
  • Original article

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