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Saturday, 07/15/2017 7:10:46 AM

Saturday, July 15, 2017 7:10:46 AM

Post# of 672
JMP Securities lowered its price target on Egalet Ltd (NASDAQ: EGLT) to $6.00 (from $15.00) while maintaining a Market Outperform rating.

Analyst Dr. Jason Butler says the lower PT represents the equity dilution impact. He remains confidence in the LT potential of ARYMO ER and continues to believes abuse-deterrent opiod formulations can play an important role in combating opiod abuse.

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