Information Provided By:
Fly News Breaks for May 9, 2018
IRWD
May 9, 2018 | 07:17 EDT
As previously reported, Morgan Stanley analyst David Lebowitz downgraded Ironwood to Underweight from Equal Weight as he believes management's target of Linzess U.S. sales exceeding $1B by 2020 could be a challenge given the recent deceleration in volume growth. Also, while the company has multiple mid-to-late stage pipeline products, Lebowitz is not yet comfortable enough with them to incorporate them into his valuation, he tells investors. He lowered his price target on Ironwood shares to $13 from $15.
News For IRWD From the Last 2 Days
There are no results for your query IRWD