Price target is $29. Where/How are they coming up with that figure?
Wouldn't a $1.00 be nice?
Sentiment: Strong Buy
The target price set by yahoo is an average from the analysts. The analysts set their target based on Pfizer opting in to the Ocular drug Isonep. Present value of the Isonep deal is estimated at $1B should Pfizer opt in,
29 is too cheap should be around 56
29, 56, 357 or $1.98.... based on what? They got 2 drugs in P2 out 1 to 2 years. Not much else to look at that I can find to come up with a big number.