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NPS Pharmaceuticals, Inc. Message Board

  • dcaf7 dcaf7 Apr 23, 2013 8:33 AM Flag

    Jefferies Maintains Bullish Stance on NPS Pharmaceuticals (NPSP) after Survey

    April 22, 2013 6:51 AM EDT

    Jefferies reiterated its Buy rating and $16 price target on NPS Pharmaceuticals Inc. (NASDAQ: NPSP) following an encouraging physician survey on Gattex.

    Analyst Eun K. Yang, Ph.D. notes, "Launched on 2/11/13 in U.S., Gattex is for adults with SBS on parenteral support. While still early in the launch cycle, our 50-gastroenterologist survey shows encouraging initial uptake and prescription trend by YE13. Survey results indicate NPSP's forecast of 200-250 pts on Gattex by YE seem very reasonable, if not conservative."

    The firm adjusted FY 2014 EPS estimates from ($0.24) to ($0.28).

    For an analyst ratings summary and ratings history on NPS Pharmaceuticals Inc. click here. For more ratings news on NPS Pharmaceuticals Inc. click here.

    Shares of NPS Pharmaceuticals Inc. closed at $12.66 yesterday, with a 52 week range of $6.48-$12.95.