Analysts at Citigroup (C) downgraded Raptor Pharmaceuticals Corp. (RPTP) from ‘Buy’ to ‘Neutral’ in a research report issued to clients on Tuesday.
The target price for RPTP is lowered from $20 to $8 following topline results from company’s Phase 2b CyNCh study, which did not meet its primary endpoint of improving nonalcoholic steatohepatitis in children.
On valuation measures, Raptor Pharmaceutical Corp. stock have a t-12-month revenue of $84.83 million. RPTP ‘s ROE for the same period is (84.44%).
Shares of the $572.32 million market cap company are down 32.50% year-over-year and 28.52% year-to-date.
Raptor Pharmaceutical Corp., currently with a median Wall Street price target of $17.00 and a high target of $34.00, dropped $0.47 to $7.05 in recent trading.
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American Eagle Outfitters, Inc. (AEO) was downgraded from ‘Buy’ to ‘Neutral’ and the price target was cut to $18 from $21 at B. Riley & Co.
Shares have traded today between $15.15 and $15.73 with the price of the stock fluctuating between $11.77 to $18.49 over the last 52 weeks.
American Eagle Outfitters Inc. shares are currently changing hands at 22.43x this year’s forecasted earnings, compared to the industry’s 18.52x earnings multiple. Ticker has a t-12 price/sales ratio of 0.89. EPS for the same period registers at $0.68.
Shares of American Eagle Outfitters have lost $0.37 to $15.30 in mid-day trading on Tuesday, giving it a market cap of roughly $3 billion. The stock traded as high as $18.49 in August 18, 2015.
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Citigroup reported on Tuesday that they have lowered their rating for Amkor Technology, Inc. (AMKR). The firm has downgraded AMKR from ‘Buy’ to ‘Neutral’ and lowered its price target to $5.80 from $7.00.
Amkor Technology Inc. recently traded at $5.19, a loss of $0.10 over Monday’s closing price. The name has a current market capitalization of $1.23 billion.
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Conns Inc. (CONN) had its rating lowered from ‘Buy’ to ‘Hold’ by analysts at Stifel on Tuesday. Currently there are 4 analysts that rate CONN a ‘Buy’ versus 3 rating it a ‘Hold’. No analysts rate it a ‘Sell’.
CONN was down $0.23 at $27.69 in mid-day trade, moving within a 52-week range of $14.02 to $43.95. The name, valued at $1.01 billion, opened at $26.59.
On valuation measures, Conn’s Inc. shares are currently priced at 22.88x this year’s forecasted earnings. Ticker has a t-12 price/sales ratio of 0.65. EPS for the same period registers at $1.21.
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