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Fly News Breaks for February 21, 2020
TXMD
Feb 21, 2020 | 07:07 EDT
H.C. Wainwright analyst Douglas Tsao lowered the firm's price target on TherapeuticsMD to $6 from $7 and reiterates a Buy rating on the shares. While the company's Q4 report was better than the preannouncement, the numbers below the headline "don't quite live up to expectations," Tsao tells investors in a research note. Despite the "noise around Q," the analyst thinks the company's portfolio remains positioned for growth, especially Annovera based on product differentiation and strong reimbursement.
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