Information Provided By:
Fly News Breaks for April 21, 2017
NVS, CNAT
Apr 21, 2017 | 08:09 EDT
Roth Capital analyst Sa'ar Yaniv raised his price target for Conatus (CNAT) to $12 from $4 following discussions with management, 2016 results, assessment of the competitive cirrhosis space, and clarity from the Novartis (NVS) deal. The analyst believes Conatus' shares are undervalued and reiterates a Buy rating on the stock.