Opko Health Inc (OPK)

[WiseFool]

Barrington Research Assumes Coverage On Opko Health

Dwight Einhorn , Benzinga Staff Writer

March 26, 2015 9:29am

In a report published Thursday, Barrington Research analyst Michael Petusky assumed coverage on Opko Health, Inc. OPK 2.95% with an Outperform rating and $19.00 price target.

In the report, Barrington Research noted, "We are assuming coverage of OPKO Health due to an analyst transition. Headquartered in Miami, Florida OPKO primarily focuses on point-of-care diagnostics, novel molecular diagnostics, and pharmaceuticals...Led by long-time healthcare executive Phillip Frost, OPKO has many additional shots on goal even beyond the opportunities within its currently commercialized product portfolio and its front-burner pipeline products, Rayaldee, and hGH-CTP. We have included information on pages 2 and 3, which illustrates key aspects of the current product portfolio as well as the depth of the product pipeline."

Opko Health closed on Wednesday at $13.88.

Michael Petusky Managing Director & Senior Investment Analyst
Barrington Research Associates

Michael Petusky, CFA
Managing Director

Michael Petusky joined Barrington Research in 2014 as Managing Director & Senior Investment Analyst covering Healthcare Services and focusing currently on the pharmacy, home infusion, rehabilitation, chronic care management and wellness, and senior housing, as well as Dental Services and select Medical Device companies. Prior to joining Barrington Research, Mr. Petusky covered healthcare services stocks and select medical device ideas for Noble Financial Group (2007-2014), Thompson Davis & Co. (2002-2007), and Branch Cabell, and its successor firms (1995-2002).

Mr. Petusky has been quoted in national publications such as Business Week, Investor’s Business Daily, Smart Money Magazine, and The Washington Post. In 2010, he received a StarMine analyst award for his stock-picking ability among analysts covering Healthcare Services.

Mr. Petusky has a B.B.A. (Finance-concentration) from the University of Richmond (1991) and also holds the Chartered Financial Analyst designation.

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