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ATHX

Athersys

$1.50

-0.02 (-1.32%)

16:17
08/09/17
08/09
16:17
08/09/17
16:17

Athersys reports Q2 EPS (6c), consensus (7c)

Reports Q2 revenue $669,000, consensus $550,000. The company said, "We have continued to advance our preparations for the MASTERS-2 study and intend to be ready for launch later this year, and in parallel, we are pursuing business development and other initiatives to provide adequate funding for this pivotal trial, as well as advancement of our other core programs. Our partnering discussions continue to progress in stroke and other areas and remain an important priority for the company, and the regulatory clarity we have successfully established reinforces our strong development position."

  • 09

    Aug

ATHX Athersys
$1.50

-0.02 (-1.32%)

03/29/17
WBLR
03/29/17
INITIATION
WBLR
Outperform
William Blair starts Athersys at Outperform, sees $11 fair value
William Blair analyst Y. Katherine Xu last night initiated shares of Athersys with an Outperform rating. The company's cell therapy candidate MultiStem could, if successful, revolutionize stroke treatment, Xu told investors in a research note. The analyst sees a "reasonable probability of success for MultiStem in light of the challenges of drug development in stroke. Her probability-adjusted net present value model derives a fair value for Athersys shares of $11 at the end of 2017. The stock closed yesterday at $1.18 and is trading up 25c to $1.43 in the pre-market.
03/28/17
WBLR
03/28/17
INITIATION
WBLR
Outperform
Athersys initiated with an Outperform at William Blair
02/07/17
NEED
02/07/17
INITIATION
Target $7
NEED
Buy
Athersys initiated with a Buy at Needham
Needham initaited Athersys with a Buy and a $7 price target.

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