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NEOS

Neos Therapeutics

$1.83

-0.09 (-4.69%)

07:35
11/30/18
11/30
07:35
11/30/18
07:35

Neos Therapeutics CCO resigns, announces realignment of ADHD products

Neos Therapeutics announced that it completed a strategic assessment of its commercial business and is realigning its commercial organization for its attention deficit hyperactivity disorder, or ADHD, products Adzenys XR-ODT, Cotempla XR-ODT and Adzenys-ER in order to accelerate its path to profitability. In connection with this realignment, Neos also announced that its CCO, Thomas McDonnell, resigned upon mutual agreement with the company effective immediately. Additionally, the company has approved a plan to realign its sales force with the goal of better focusing on those territories and physician targets that have the highest potential to support the long-term growth and profitability of its ADHD business.

NEOS Neos Therapeutics
$1.83

-0.09 (-4.69%)

11/14/18
WELS
11/14/18
NO CHANGE
Target $6
WELS
Outperform
Neos Therapeutics price target lowered to $6 from $11 at Wells Fargo
Wells Fargo analyst David Maris lowered his price target for Neos Therapeutics to $6 from $11 after the company's Q3 sales last week missed his estimate. The analyst, who admits net pricing continues to be an overall headwind, points out that Neos management turned down a public $10.25 per share offer from another drug company approximately a year ago. Over time, the company's valuation will be realized with better commercial execution, Maris tells investors in a research note. He keeps an Outperform rating on Neos Therapeutics.
04/24/18
EAMC
04/24/18
INITIATION
Target $15
EAMC
Buy
Neos Therapeutics initiated with a Buy at Empire
Empire initiated Neos Therapeutics with a Buy and $15 price target.
03/16/18
WELS
03/16/18
NO CHANGE
Target $14
WELS
Outperform
Neos Therapeutics continues to perform well, says Wells Fargo
Wells Fargo analyst David Maris says Neos Therapeutics is performing well and on an upward trajectory following its Q4 results. The analyst likes the progress the company is making and keeps an Outperform rating on the shares with a $14 price target.
01/30/18
BMOC
01/30/18
DOWNGRADE
Target $12
BMOC
Market Perform
Neos Therapeutics downgraded to Market Perform from Outperform at BMO Capital
BMO Capital analyst Gary Nachman downgraded Neos Therapeutics to Market Perform and lowered his price target for the shares to $12 from $14. The analyst views the stock's risk/reward as "appropriately balanced" following the rally over the last year. Nachman is also more cautious on the company's terminal value and would like to see additional pipeline advancements.

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