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SGYP

Synergy Pharmaceuticals

$2.59

-0.05 (-1.89%)

07:15
09/25/17
09/25
07:15
09/25/17
07:15

Synergy Pharmaceuticals price target lowered to $8 from $15 at H.C. Wainwright

H.C. Wainwright analyst Raghuram Selvaraju lowered his price target for Synergy Pharmaceuticals to $8 saying the ramp for Trulance is likely to be "meaningfully slower" than he originally anticipated. Further, management have indicated that direct-to-consumer advertising is likely to be part of the promotional strategy, which could increase total marketing expenses significantly, Selvaraju tells investors in a research note. He lowered his 2017 Trulance sales estimate to $17.5M from $27.7M and 2018 estimate to $85.4M from $172.5M. The analyst also removed all contributions from Synergy's pipeline from his valuation assessment, based on the assumption that the company is unlikely to undertake significant R&D initiatives in the near future. Selvaraju reiterates a Buy rating on the shares.

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    Jan

SGYP Synergy Pharmaceuticals
$2.59

-0.05 (-1.89%)

06/01/17
CANT
06/01/17
INITIATION
Target $11
CANT
Overweight
Synergy Pharmaceuticals initiated with an Overweight at Cantor
Cantor initiated Synergy Pharmaceuticals with an Overweight and an $11 price target.
06/02/17
06/02/17
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Synergy Pharmaceuticals (SGYP) initiated with an Overweight at Cantor. 2. Fastenal (FAST) was initiated with an Overweight at Stephens and a Neutral at JPMorgan. 3. Ericsson (ERIC) was reinstated with a Buy at BofA/Merrill while Nokia (NOK) was reinstated with a Neutral. 4. John Bean Technologies (JBT) initiated with a Neutral at JPMorgan. 5. Biocept (BIOC) initiated with a Buy at Chardan. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
09/08/17
OPCO
09/08/17
NO CHANGE
Target $6
OPCO
Outperform
Oppenheimer still sees value in shares of Synergy Pharmaceuticals
Oppenheimer analyst Derek Archila says that while there wasn't much new on yesterday's business update call, he remains encouraged by the ongoing Trulance launch. He believes the recent financing gives Synergy Pharmaceuticals "decent runway" to see what it can achieve with Trulance over the next 12-18 months. The analyst notes, however, that in the case of a takeout, Synergy would likely be required to pre-pay any outstanding loan amount at a 40% premium, which he believes could deter a potential buyer. The analyst still sees value in Synergy shares and keeps an Outperform rating on the name, despite reducing his price target to $6 from $9. Archila admits that he's not completely certain the company can reach cash flow breakeven by 2019 as management suggests.
09/13/17
SBSH
09/13/17
NO CHANGE
Target $2.5
SBSH
Sell
Synergy Pharmaceuticals price target lowered to $2.50 from $3.20 at Citi
Citi analyst Liav Abraham cut her price target for Synergy Pharmaceuticals to $2.50 and reiterates a Sell rating on the shares. The intellectual property on the company's lead compound, Trulance, expires in 2032, which, in the absence of life-cycle management programs, implies "minimal terminal value of the company over the longer term," Abraham tells investors in a research note. The analyst says that even with the stock's underperformance this year, she still struggles to become more constructive on the name.

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NVS

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PFE

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REGN

Regeneron

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Sanofi

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Unilever; also tag UN

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Wolters Kluwer

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Marvell

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Cavium

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Marvell

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Cavium

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Cavium

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Marvell

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Marvell

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DEL

Deltic Timber

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1.77 (1.83%)

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Potlatch

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0.75 (1.39%)

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Deltic Timber

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Potlatch

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0.75 (1.39%)

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Deltic Timber

$98.45

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Potlatch

$54.75

0.75 (1.39%)

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Deltic Timber

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1.77 (1.83%)

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SNAP

Snap

$20.42

0.67 (3.39%)

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GLPG

Galapagos NV

$115.33

-1.4 (-1.20%)

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MorphoSys

$46.29

1.29 (2.87%)

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Galapagos NV

$115.33

-1.4 (-1.20%)

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MorphoSys

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1.29 (2.87%)

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Lockheed Martin

$360.53

-0.47 (-0.13%)

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UAA

Under Armour; also tag UA

$17.36

-1.05 (-5.70%)

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Under Armour; also tag UAA

$15.78

-0.76 (-4.59%)

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Under Armour; also tag UA

$17.36

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Under Armour; also tag UAA

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Hovnanian

$2.24

0.12 (5.66%)

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JPMorgan

$114.68

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Johnson & Johnson

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1.92 (1.46%)

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JPMorgan

$114.68

-0.83 (-0.72%)

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Johnson & Johnson

$133.15

1.92 (1.46%)

WMT

Walmart

$104.78

1.55 (1.50%)

PFE

Pfizer

$36.26

0.55 (1.54%)

CSCO

Cisco

$44.33

0.25 (0.57%)

ABBV

AbbVie

$118.60

3.7 (3.22%)

PEP

PepsiCo

$111.06

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MMM

3M

$236.67

1.8 (0.77%)

BMY

Bristol-Myers

$68.96

-0.02 (-0.03%)

UTX

United Technologies

$129.26

-0.74 (-0.57%)

TXN

Texas Instruments

$104.47

-0.1 (-0.10%)

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Abbott

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0.67 (1.13%)

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GOOGL

Alphabet Class A

$1,095.50

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$1,094.80

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Alphabet Class A

$1,095.50

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Alphabet

$1,094.80

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Citi

$76.82

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CMI

Cummins

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Lam Research

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GE

General Electric

$15.05

0.2 (1.35%)

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Jacobs Engineering

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Vulcan Materials

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Week in review: How Trump's policies moved stocks »

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Jacobs Engineering

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Vulcan Materials

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-6.9 (-5.17%)

PWR

Quanta Services

$35.07

0.24 (0.69%)

EXP

Eagle Materials

$102.75

-3.83 (-3.59%)

FLR

Fluor

$57.63

-0.22 (-0.38%)

USCR

U.S. Concrete

$78.00

-1.4 (-1.76%)

ACM

Aecom

$35.36

0.08 (0.23%)

CBI

CB&I

$18.71

0.04 (0.21%)

GVA

Granite Construction

$60.36

2.69 (4.66%)

CAT

Caterpillar

$156.29

-3.69 (-2.31%)

MLM

Martin Marietta

$216.25

-6.34 (-2.85%)

V

Visa

$121.85

-0.43 (-0.35%)

AA

Alcoa

$47.36

-0.21 (-0.44%)

ARNC

Arconic

$25.36

0.14 (0.56%)

CENX

Century Aluminum

$24.12

1.85 (8.31%)

X

U.S. Steel

$44.75

5.76 (14.77%)

STLD

Steel Dynamics

$49.40

2.26 (4.79%)

AKS

AK Steel

$5.96

0.72 (13.74%)

CLF

Cleveland-Cliffs

$7.92

0.55 (7.46%)

NUE

Nucor

$68.54

2.96 (4.51%)

MT

ArcelorMittal

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TKR

Timken

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04:55
02/17/18
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Conference/Events
Cambridge Healthtech Institute to hold a conference »

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ACRS

Aclaris Therapeutics

$20.13

-0.09 (-0.45%)

, ABBV

AbbVie

$118.60

3.7 (3.22%)

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04:55
Conference/Events
American Academy of Dermatology holds annual meeting »

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ACRS

Aclaris Therapeutics

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-0.09 (-0.45%)

ABBV

AbbVie

$118.60

3.7 (3.22%)

AGN

Allergan

$164.04

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ALIOF

Actelion

ARDX

Ardelyx

$5.80

-0.2 (-3.33%)

BVX

Bovie Medical

$2.50

0.1 (4.17%)

CELG

Celgene

$95.26

-0.88 (-0.92%)

CUTR

Cutera

$48.40

-2.1 (-4.16%)

HSIC

Henry Schein

$69.52

1.14 (1.67%)

JNJ

Johnson & Johnson

$133.15

1.92 (1.46%)

LLY

Eli Lilly

$78.97

0.95 (1.22%)

LMNS

Lumenis

MYGN

Myriad Genetics

$32.81

-0.57 (-1.71%)

MYL

Mylan

$42.14

0.49 (1.18%)

NVS

Novartis

$86.91

0.23 (0.27%)

PFE

Pfizer

$36.26

0.55 (1.54%)

PG

Procter & Gamble

$82.60

0.19 (0.23%)

PRGO

Perrigo

$89.55

-0.1 (-0.11%)

REGN

Regeneron

$332.15

-1.03 (-0.31%)

SNY

Sanofi

$39.91

0.19 (0.48%)

UL

Unilever; also tag UN

$53.55

-0.22 (-0.41%)

UN

Unilever; also tag UL

$54.59

-0.15 (-0.27%)

WTKWY

Wolters Kluwer

$49.37

-0.27 (-0.54%)

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MIDD

Middleby

$135.00

1.94 (1.46%)

18:01
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18:01
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Middleby acquires Hinds-Bock Corporation, terms not disclosed »

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T

AT&T

$37.14

0.14 (0.38%)

, TWX

Time Warner

$95.37

0.38 (0.40%)

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17:37
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Breaking Periodicals news story on AT&T, Time Warner »

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T

AT&T

$37.14

0.14 (0.38%)

TWX

Time Warner

$95.37

0.38 (0.40%)

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CARS

Cars.com

$29.27

0.33 (1.14%)

17:31
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02/16
17:31
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17:31
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Breaking Hot Stocks news story on Cars.com »

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ONTX

Onconova

$1.07

0.01 (0.94%)

17:29
02/16/18
02/16
17:29
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17:29
Hot Stocks
683 Capital reports 21.8% stake in Onconova, says shares undervalued »

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GD

General Dynamics

$224.19

-1.21 (-0.54%)

17:26
02/16/18
02/16
17:26
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17:26
Hot Stocks
General Dynamics awarded $148.9M government contract modification »

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ATRS

Antares Pharma

$2.39

0.04 (1.70%)

17:25
02/16/18
02/16
17:25
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17:25
Hot Stocks
Breaking Hot Stocks news story on Antares Pharma »

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HII

Huntington Ingalls

$265.70

10.31 (4.04%)

17:25
02/16/18
02/16
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17:25
Hot Stocks
Huntington Ingalls awarded $1.43B government contract modification »

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DIT

AMCON Distributing

$87.50

0.13 (0.15%)

17:24
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02/16
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Hot Stocks
Breaking Hot Stocks news story on AMCON Distributing »

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03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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