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UPDATE: Ascendiant Capital Markets Reiterates On Repros Therapeutics Following Positive Topline Results

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In a report published Friday, Ascendiant Capital Markets analyst Keay Nakae reiterated a Buy rating on Repros Therapeutics (NASDAQ: RPRX), and raised the price target from $23.00 to $25.00.

In the report, Ascendiant Capital Markets noted, “We believe that the positive result from the ZA-305 study bodes well for a positive result from the ZA-304 study, given that the trials are identical in design. Further, we believe that positive results from these studies will also be valuable in supporting potential labeling claims for superiority of Androxal over Androgel, which would improve the commercial attractiveness of the product. Our 12 month PT is calculated using an NPV analysis.”

Repros Therapeutics closed on Thursday at $18.21.

Latest Ratings for RPRX

DateFirmActionFromTo
Sep 2014Piper JaffrayDowngradesOverweightNeutral
Nov 2013Piper JaffrayInitiates Coverage onOverweight
Nov 2013Laidlaw & Co.Initiates Coverage onBuy

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Posted-In: Ascendiant Capital Markets Keay NakaeAnalyst Color Price Target Analyst Ratings

 

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