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Fly News Breaks for August 7, 2015
RHHBY, REGN, OPHT
Aug 7, 2015 | 05:38 EDT
Goldman Sachs analyst Terence Flynn downgraded Ophthotech (OPHT) to Sell saying shares will underperform over the next 12 months given a lack of catalysts and updates from competitor programs, including Regeneron (REGN) and Roche (RHHBY). Flynn keeps a $45 price target for Ophthotech shares, which implies 38% downside from current levels.