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KERX

Keryx

$5.96

-0.27 (-4.33%)

15:05
11/29/16
11/29
15:05
11/29/16
15:05

Update: Keryx weekly Auryxia scripts at highest level ever, says Raymond James

Ramond James analyst Reni Benjamin said total Auryxia scripts of 792 for the week of November 14, the first full week after the commercial supply of the drug was restored. Benjamin had expected Auryxia to gain clinical adoption once back on the market given our survey results but had not modeled IMS scripts to reach a record level within a week. The analyst has increased confidence that Auryxia will regain its sales momentum with potential to exceed his revenue estimate of $30M as well as consensus estimates for 2017. Benjamin rates Keryx an Outperform.

KERX Keryx
$5.96

-0.27 (-4.33%)

08/02/16
JMPS
08/02/16
NO CHANGE
JMPS
Keryx price target lowered to $11 from $16 at JMP Securities
JMP Securities analyst Michael King cut his price target on Keryx after the company announced an interruption in the supply of its Auryxia drug. However, the analyst reiterates an Outperform rating on the stock.
11/09/16
MAXM
11/09/16
UPGRADE
MAXM
Buy
Keryx upgraded to Buy from Hold at Maxim
11/09/16
MAXM
11/09/16
UPGRADE
Target $7
MAXM
Buy
Keryx upgraded to Buy at Maxim
As previously reported, Maxim analyst Justin Lumiere upgraded Keryx Biopharmaceuticals to Buy from Hold after the FDA approved its application for a second contract manufacturer, Patheon, to make Auryxia. The analyst, who believes from management's call that production will likely be in place by 1Q17 and that the company will be building supply now to make sure there are no further interruptions once Auryxia is reintroduced, sees 2017 U.S. sales of the drug doubling to $44M from the $22M he projects for 2016. Lumiere reinstated a $7 price target on Keryx shares.
11/29/16
RAJA
11/29/16
NO CHANGE
RAJA
Keryx weekly Auryxia scripts at highest level ever, says Raymond James

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KITE

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$NSD

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$NYE

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ALDR

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AA

Alcoa

$32.33

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HCC

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BV

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CBI

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LTRX

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