Depomed (DEPO) Misses Q1 EPS by 7c; Guides Below

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DepoMed Inc (DEPO) PT Lowered to $13 at RBC Capital; Magnitude of Reset was a Suprise

May 10, 2017 6:24 AM EDT

RBC Capital lowered its price target on DepoMed Inc (NASDAQ: DEPO) to $13.00 (from $19.00) while maintaining a Sector Perform rating following a sizable reset on outlook.

Analyst Randall Stanicky said the reset is not a surprise given new CEO but magnitude... More

Piper Jaffray Upgrades DepoMed Inc (DEPO) to Neutral

May 10, 2017 4:54 AM EDT

Piper Jaffray upgraded DepoMed Inc (NASDAQ: DEPO) from Underweight to Neutral with a price target of $10.00 (from $11.00).

Analyst David Amsellem believes the company multiple is reflective of the company's "relatively murky prospects" when it comes to LT growth opportunities.

FY 2017 EPS estimate... More