Information Provided By:
Fly News Breaks for May 6, 2016
MDVN
May 6, 2016 | 07:33 EDT
Leerink analyst Geoffrey Porges raised his price target for Medivation to $64 from $39 following the company's Q1 results and noting that the new valuation is straightforward acquisition-based valuation. The analyst says that despite the revenue and substantial earnings miss in Q1, Medivation reiterated its full-year guidance, which implies a "significant" acceleration in revenue growth and substantial margin improvement. Porges reiterates a Market Perform rating on the shares.
News For MDVN From the Last 2 Days
There are no results for your query MDVN
I agree to the thefly.com's disclaimer & terms of use
About Privacy Terms of Use

© 1996-2018 TheStreet, Inc., 14 Wall Street, 15th Fl, NY, NY 10005

Need Help? Contact Customer Service

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data & Company fundamental data provided by FactSet. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by FactSet Digital Solutions Group.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

FactSet calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.