Loading...
Loading...
A report from Collins Stewart initiates coverage on Sagent Pharmaceuticals
SGNT with a Buy rating and $25 price target.
The report states, “We estimate the launch of critical shortage drugs could potentially add $225MM+ in sales and contribute $1.80+ in EPS annually for SGNT… SGNT's CEO, Jeff Yordon, has a demonstrated record of success. He has held leadership roles at nearly every generic injectable drug company in the industry. His deep knowledge of the generic injectable drug business and breadth of industry contacts gives us confidence that he can grow SGNT to be a leading generic injectables company.”
SGNT closed yesterday at $21.12.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in