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LCI

Lannett

$22.85

1.2 (5.54%)

06:59
10/19/16
10/19
06:59
10/19/16
06:59

Lannett says FDA will seek to withdraw approval of ANDA for Methylphenidate HCI

Lannett received a notice from the FDA that it will seek to withdraw approval of the company's Abbreviated New Drug Application, or ANDA, for Methylphenidate Hydrochloride, or HCl, Extended-Release Tablets. FDA's proposal includes an opportunity for Lannett to request a hearing on this matter. Lannett has until November 17, 2016 to request the hearing and until December 19, 2016 to submit all data, information and analyses upon which the request for a hearing relies.

  • 14

    Dec

LCI Lannett
$22.85

1.2 (5.54%)

03/24/16
03/24/16
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Petrobras (PBR) downgraded to Sell at Deutsche Bank by analyst Alexander Burgansky, who said he sees no upside for the equity with negative net income likely in both 2016 and 2017. 2. Lannett (LCI) downgraded to Sell at Canaccord after the company cut its guidance to below consensus expectations. 3. Cognex (CGNX) downgraded to Underperform at CLSA by analyst Jeremie Capron, who said Apple's (AAPL) new iPhone SE is essentially a refreshed iPhone 5S, which will likely be made with older equipment and raises the risk that Cognex will not meet lofty consensus expectations. Capron sees increased earnings risk for the rest of the year given the weaker manufacturing capex environment and developments at Apple and views risk/reward as unfavorable following the recent strength. 4. EndoChoice (GI) downgraded to Underperform at BofA/Merrill due to expectations that low margin microcaps will not outperform enough to compensate for the relative risk taken. 5. General Dynamics (GD) downgraded to Hold at Deutsche Bank by analyst Myles Walton, who said Gulfstream G650 inventory and price trends are "quickly becoming a problem." Walton added that the available for sale G650s moved from 9 to 22 over the last five months. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
05/27/16
SUSQ
05/27/16
NO CHANGE
Target $35
SUSQ
Neutral
News of Valeant offer could put floor under 'beaten up' names, says Susquehanna
Susquehanna analyst Andrew Finkelstein commented on the media report that Valeant (VRX) was approached by TPG and Takeda (TKPYY) about a potential buyout, noting the timing mentioned means the approach came when Valeant shares were trading at or below the mid-$30 range. What is not known is whether a premium was offered, but the firm notes that private equity deals have generally been done at low multiples. However, this report and other recent news signaling private equity interest in the space could help put a a floor under "beaten up" pharma names like Endo (ENDP), Lannett (LCI) and Akorn (AKRX), Finkelstein tells investors. The report does not change Susquehanna's fundamental views on Valeant, added the analyst, who keeps a Neutral rating and $35 price target on Valeant shares.
06/29/16
DBAB
06/29/16
INITIATION
Target $26
DBAB
Hold
Lannett initiated with a Hold at Deutsche Bank
Deutsche Bank analyst Gregg Gilbert started Lannett with a Hold rating and $26 price target.
08/24/16
ROTH
08/24/16
NO CHANGE
Target $40
ROTH
Buy
Lannett price target raised to $40 from $27.50 at Roth Capital
Roth Capital analyst Scott Henry raised his price target for Lannett to $40 from $27.50 after the company reported "strong" quarterly results and "impressive" 2017 guidance. The analyst reiterates a Buy rating on the shares.

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Valmont

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  • 08

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LULU

lululemon

$59.84

2.6 (4.54%)

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AMD

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ContraVir Pharmaceuticals

$1.99

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Anavex

$3.73

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H&R Block

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$124.22

1.14 (0.93%)

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  • 08

    Dec

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    Dec

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    Dec

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    Dec

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    Jan

F

Ford

$13.06

0.5 (3.98%)

, BAC

Bank of America

$22.57

0.41 (1.85%)

08:55
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12/08
08:55
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08:55
Options
Notable open interest changes for December 8th »

Wednesday's total…

F

Ford

$13.06

0.5 (3.98%)

BAC

Bank of America

$22.57

0.41 (1.85%)

AAPL

Apple

$111.03

1.08 (0.98%)

WFC

Wells Fargo

$57.28

1.73 (3.11%)

03/08/13
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  • 08

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    Jan

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    Jan

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    Mar

08:55
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12/08
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08:55
General news
FX Action: The dollar »

FX Action: The dollar…

BHI

Baker Hughes

$66.14

-0.75 (-1.12%)

08:55
12/08/16
12/08
08:55
12/08/16
08:55
Conference/Events
Baker Hughes to hold an investor meeting »

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  • 08

    Dec

CIEN

Ciena

$21.60

0.6 (2.86%)

08:54
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08:54
Hot Stocks
Ciena sees Q1 adjusted gross margin in mid-40's percentage range »

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  • 08

    Dec

CIEN

Ciena

$21.60

0.6 (2.86%)

08:51
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Hot Stocks
Ciena sees FY17 revenue growth faster than the market »

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  • 08

    Dec

AAPL

Apple

$111.03

1.08 (0.98%)

08:50
12/08/16
12/08
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08:50
Periodicals
Apple, Goldwind partner to supply clean energy in China, SCMP reports »

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  • 13

    Mar

08:50
12/08/16
12/08
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General news
The 10k initial claims drop to 258k »

The 10k initial claims…

DRAM

Dataram

$1.27

0.07 (5.83%)

08:48
12/08/16
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08:48
Hot Stocks
Dataram acquisition targt U.S. Gold Corp. expands claims in Nevada »

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JCAP

Jernigan Capital

$20.21

-0.05 (-0.25%)

08:48
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Syndicate
Jernigan Capital 2.65M share Spot Secondary priced at $19.00 »

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  • 08

    Dec

$DJT

DJ Transportation Average

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SHIP

Seanergy Marine

$2.20

-0.1 (-4.35%)

08:47
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Syndicate
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$DJU

DJ Utility Average

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RDUS

Radius Health

$53.50

-1.51 (-2.75%)

08:47
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  • 08

    Dec

DJX

Dow Jones Industrial Average

08:47
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Technical Analysis
Dow Jones Industrial Average: Pivot points »

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IYT

iShares Transportation Average

$168.84

4.1 (2.49%)

08:47
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Technical Analysis
iShares Transportation Average: Pivot points »

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XLK

Technology Select Sector SPDR

$48.18

0.9 (1.90%)

08:47
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Technical Analysis
Technology Select Sector SPDR: Pivot points »

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XLE

Energy Select Sector SPDR

$75.95

0.6 (0.80%)

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XLY

Consumer Discretionary Sector SPDR

$84.12

1.6 (1.94%)

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Technical Analysis
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UHS

Universal Health

$111.36

-15.01 (-11.88%)

08:46
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Recommendations
Universal Health analyst commentary  »

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  • 08

    Dec

XLB

S&P Select Materials SPDR

$51.15

0.72 (1.43%)

08:46
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Technical Analysis
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