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Thursday, May 10, 2018

Aptevo target upped by Piper

Aptevo Therapeutics price target raised to $9 from $6 at Piper Jaffray. Piper Jaffray analyst Edward Tenthoff reiterated an Overweight rating on Aptevo Therapeutics and raised his price target on Aptevo shares to $9 from $6 after Q1 prophylactic Hemophilia B therapy Ixinity sales of $4.1M beat Piper’s $3M estimate. Additionally, the firm is increasing its FY18 Ixinity sales forecast to $18M.

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