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Cowen Raises Sage Value On New Phase 2 Trial Success
Thursday, December 7, 2017 - 3:41pm | 343SAGE Therapeutics Inc (NASDAQ: SAGE) released Thursday positive top-line data from its Phase 2 study of SAGE-217 in major depressive disorder (MDD). The news immediately propelled Sage's stock, rocketing it past previous highs to $169.58. Cowen thinks there’s still upside. The Rating...
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Sarepta's Beat And Raise Streak Continues
Thursday, October 26, 2017 - 11:24am | 317Shares of Sarepta Therapeutics Inc (NASDAQ: SRPT) gained more than 1 percent on Thursday after the company reported its third consecutive beat and raise earnings report, analysts at Cowen said in a research report. The firm's Ritu Baral,/a> maintains an Outperform rating on Sarepta's stock with an...
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Cowen Analyst Responds Following Amicus' Positive Migalastat News
Tuesday, July 11, 2017 - 2:08pm | 361Shares of Amicus Therapeutics, Inc. (NASDAQ: FOLD) soared higher by more than 25 percent on Tuesday in reaction to the company's announcement that there is now a clear path to approval for its migalastat NDA therapy. Amicus suffered a major setback for its therapy in November, 2016 when the U.S....
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Payor Re-Evaluation On Exondys Positive For Sarepta
Friday, March 10, 2017 - 4:21pm | 424Cowen sees positive trends over payor evaluation and re-evaluation of Sarepta Therapeutics Inc (NASDAQ: SRPT)’s Exondys 51, which was approved in last September for the treatment Duchenne Muscular Dystrophy. Encouraging Trends Analyst Ritu Baral noted that checks show that payor discussions...
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Sarepta Prices Newly-Approved DMD Drug, Cowen Upgrades Stock To Outperform
Tuesday, September 20, 2016 - 11:24am | 300Sarepta Therapeutics Inc (NASDAQ: SRPT) hosted a conference call Tuesday to discuss its newly approved drug, Exondys 51 (eteplirsen) injection, which happens to be the first drug approved to treat patients with Duchenne muscular dystrophy (DMD). Sarepta said Exondys 51 will be available in a...
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GlycoMimetics Initiated At Outperform By Cowen And Company
Monday, August 15, 2016 - 12:01pm | 339Cowen and Company has started the coverage of GlycoMimetics Inc (NASDAQ: GLYC) with an Outperform rating on high confidence of success in the Phase 3 data of Pfizer Inc. (NYSE: PFE)-partnered lead candidate Rivipansel for sickle cell vaso-occlusive crises. "We also think wholly owned GMI-1271 has...
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Audentes Therapeutics' Strong Pipeline Merits An Outperform Rating From Cowen And Company
Monday, August 15, 2016 - 11:34am | 275Cowen and Company started coverage on Audentes Therapeutics Inc (NASDAQ: BOLD) with an Outperform rating, citing the strong pipeline and the bold steps taken entering into rare disease gene therapy. Analyst Ritu Baral stated the rating was backed by pipeline assets like AT132, AT342 and AT982 and...
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Cowen Lifts Intercept's Price Target To $215 Following Ocaliva Approval
Tuesday, May 31, 2016 - 1:24pm | 248Cowen raised its price target on the shares of Intercept Pharmaceuticals Inc (NASDAQ: ICPT) by $3 to $215 after FDA approved its drug Ocaliva to treat a rare liver disease. "We note the final label is broader than generally expected with responder/non-responder left to clinician discretion...
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Cowen Suspends PTC Therapeutics Target, Puts Rating Under Review
Monday, February 29, 2016 - 9:08am | 220Cowen’s Ritu Baral put the prior Outperform rating for PTC Therapeutics, Inc. (NASDAQ: PTCT) under review, while suspending the previous $120 price target, after the company announced it had not been able to agree with German reimbursement authorities on price and may have to withdraw the...
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Did The AAN Meeting Affect Biogen, PTC Therapeutics, GW Pharma Or Isis Pharma?
Monday, April 27, 2015 - 10:59am | 809The American Association of Neurology is hosting its annual meeting this week in Washington, DC. Through the end of this week, major biotechnology companies will be making presentations highlighting drug breakthroughs and updates. Analysts at Cowen & Co., led by Ritu Baral, highlighted what...
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Cowen Says PTC Therapeutics Is A Buy
Thursday, April 16, 2015 - 3:03pm | 258Shares of PTC Therapeutics, Inc. (NASDAQ: PTCT) rose 7 percent on Wednesday after Cowen analysts Ritu Baral and Elyse Shapiro upgraded the stock from Market Perform to Outperform, setting a $120 price target. The promotion comes in anticipation of the upcoming ACT-DMD data in the fourth quarter...
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Cowen And Company Analyst Explains Why Intercept Pharmaceuticals Is 'Absolutely A Buy'
Monday, February 2, 2015 - 9:00am | 336Shares of Intercept Pharmaceuticals Inc (NASDAQ: ICPT) saw a massive rise on Friday on back of favorable ruling by the FDA on Thursday and a short squeeze. Ritu Baral, Cowen and Company, was on CNBC recently to discuss why Intercept makes a great buy right now. “It’s absolutely a...
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Cowen Analyst Likes Intercept Pharmaceuticals, ACADIA Pharmaceuticals And Raptor Pharmaceutical
Sunday, February 1, 2015 - 1:54pm | 193Speaking on CNBC's Fast Money, Ritu Baral of Cowen and Company said that Intercept Pharmaceuticals Inc (NASDAQ: ICPT) is a buy. The company has received a breakthrough status by the FDA and it is about to start a phase 3 in the NASH program, said Baral. She added that we are going to see a filing...
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UPDATE: Canaccord Genuity Downgrades Sarepta Therapeutics as FDA Talks Continue
Friday, December 6, 2013 - 11:56am | 131In a report published Friday, Canaccord Genuity analyst Ritu Baral downgraded the rating on Sarepta Therapeutics (NASDAQ: SRPT) from Buy to Hold, but reiterated the $20.00 price target. In the report, Canaccord Genuity noted, “Lowering to HOLD, keeping $20 target; we see etep potential in Duchenne...
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UPDATE: Canaccord Reiterates On Synergy Pharmaceuticals On Unmet Potential Of Plecanatide
Thursday, November 21, 2013 - 9:02am | 116In a report published Wednesday, Canaccord Genuity analyst Ritu Baral reiterated a Buy rating on Synergy Pharmaceuticals (NASDAQ: SGYP) and reiterated a price target of $10.00. In the report, Canaccord Genuity says "We see clear unmet need in chronic idiopathic constipation (CIC) patients who don'...