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Fly News Breaks for March 14, 2019
SPHS
Mar 14, 2019 | 07:31 EDT
H.C. Wainwright analyst Joseph Pantginis lowered his price target for Sophiris Bio to $3.50 from $10 after the company announced Q4 financial results and a corporate update. Sophiris Bio's current cash implies no new clinical trial start, and the company highlights its need to raise significant funding to move topsalysin development forward, Pantginis tells investors in a research note. He keeps a Buy rating on the shares.
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