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Re: maytepper post# 261

Friday, 05/22/2015 7:51:32 AM

Friday, May 22, 2015 7:51:32 AM

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In a research report sent to investors today, MLV analyst Arlinda Lee reiterated a Buy rating on Lpath Inc (NASDAQ:LPTN) with a $11 price target, following the company’s third-quarter results, posting EPS of ($0.20), vs. MLV’s estimate of ($0.33). The Company ended the September quarter with $20.5 million in cash, up from $14.3 million at June 30, 2014 due to an $11.5 million capital raise in September.
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