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KALA

Kala Pharmaceuticals

$17.53

-0.67 (-3.68%)

04:55
12/07/17
12/07
04:55
12/07/17
04:55

Kala Pharmaceuticals management to meet with JPMorgan

Meeting to be held in Baltimore on December 7 hosted by JPMorgan.

  • 07

    Dec

KALA Kala Pharmaceuticals
$17.53

-0.67 (-3.68%)

08/14/17
08/14/17
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. Brighthouse Financial (BHF) initiated with an Equal Weight at Morgan Stanley. 2. Kala Pharmaceuticals (KALA) was initiated with a Buy at BofA/Merrill, an Outperform at Wedbush, Wells Fargo, and Wedbush, as well as an Overweight at JPMorgan. 3. BioDelivery Sciences (BDSI) coverage assumed with an Overweight at Cantor. 4. Calyxt (CLXT) was initiated with an Outperform at Wells Fargo and a Buy at Jefferies. 5. TPG RE Finance (TRTX) was initiated with a Buy at BofA/Merrill, and a Neutral at JPMorgan and Citi. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
10/25/17
JPMS
10/25/17
NO CHANGE
Target $35
JPMS
Overweight
Kala Pharmaceuticals selloff brings attractive entry point, says JPMorgan
JPMorgan analyst Chris Schott believes the 26% pullback in shares of Kala Pharmaceuticals (KALA) since October 13 on Allergan's (AGN) unfavorable Restasis patent ruling creates an attractive entry point. The analyst thinks Kala's fundamental set-up remains unchanged and sees no meaningful read-across from any potential generic Restasis launch to KPI- 121's commercial prospects in dry eye. Kala continues to represent an attractive pure play on ophthalmology market, Schott tells investors in a research note. He views Kala's risk/reward as attractive into the KPI-121 Phase 3 data, seeing upside to $40-plus per share with downside risk to the low teens. The analyst keeps an Overweight rating on the name with a $35 price target.
10/25/17
WELS
10/25/17
NO CHANGE
Target $24
WELS
Outperform
Kala new drug application an 'important milestone,' says Wells Fargo
Wells Fargo analyst David Maris calls Kala Pharmaceuticals' on-time new drug application for Inveltys an "important milestone" since the company is development-stage beginning the transition to a commercially-focused business. The topical has the potential to be the first FDA approved ocular corticosteroid with two-times per day dosing for the treatment of inflammation and pain following ocular surgery, Maris tells investors in a research note. He sees lower than average commercial and regulatory risk for Inveltys as the active steroid is well-known and already approved in postsurgical ocular pain and inflammation. He sees sales of the topical growing to $100M in 2021 and keeps an Outperform rating Kala with a $24 price target.
11/17/17
JPMS
11/17/17
NO CHANGE
Target $35
JPMS
Overweight
Kala offers 'compelling' risk/reward into dry eye data, says JPMorgan
After meeting with management, JPMorgan analyst Chris Schott continues to see a "compelling" risk/reward for Kala Pharmaceuticals shares ahead of Phase 3 data for KPI-121 0.25% reading out later this year. The shares can rally to $40-plus share on positive Phase 3 dry eye data, versus downside to high single digits or low teens on a negative readout, Schott tells investors in a research note. The analyst views Kala as an attractive ophthalmology pure play and keeps an Overweight rating on the shares with a $35 price target.

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LPSN

LivePerson

$11.05

-0.05 (-0.45%)

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  • 13

    Dec

HUSKF

Husky Energy

$12.42

-0.1177 (-0.94%)

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COP

ConocoPhillips

$51.68

-0.28 (-0.54%)

20:25
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  • 13

    Dec

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SAFM

Sanderson Farms

$167.64

0.64 (0.38%)

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  • 14

    Dec

DB

Deutsche Bank

$19.33

-0.05 (-0.26%)

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T

AT&T

$38.04

-0.06 (-0.16%)

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BMY

Bristol-Myers

$63.47

0.19 (0.30%)

18:33
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  • 18

    Jan

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    Mar

WFC

Wells Fargo

$59.40

-0.93 (-1.54%)

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  • 15

    Jan

HBAN

Huntington Bancshares

$14.58

-0.23 (-1.55%)

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ASB

Associated Banc-Corp

$25.10

-0.2 (-0.79%)

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UBS

UBS

$17.90

0.035 (0.20%)

18:05
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UBS Wealth Management president Zeltner close to stepping down, Bloomberg says »

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PFE

Pfizer

$36.64

0.06 (0.16%)

18:03
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  • 04

    Jan

CNP

CenterPoint Energy

$28.40

0.02 (0.07%)

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MDXG

MiMedx

$11.99

-0.26 (-2.12%)

18:03
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  • 13

    Dec

CE

Celanese

$108.31

1.34 (1.25%)

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WAL

Western Alliance

$57.30

-1.25 (-2.13%)

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USB

U.S. Bancorp

$54.60

-0.9 (-1.62%)

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  • 17

    Jan

WBS

Webster Financial

$56.16

-0.73 (-1.28%)

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  • 14

    Dec

HSBC

HSBC

$51.44

0.89 (1.76%)

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WTR

Aqua America

$37.59

0.32 (0.86%)

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  • 17

    Jan

MSFT

Microsoft

$85.35

-0.23 (-0.27%)

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  • 18

    Jan

TCF

TCF Financial

$20.24

-0.16 (-0.78%)

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