CHTP..$2.68..Note out today from Roth Capital:
Roth Capital optimistic on Chelsea Therapeutics
The important takeaway from Chelsea Therapeutics' (CHTP -2.9%) Q2 report is that the re-filing for Northera remains on track for this month, Roth Capital says, maintaining a Buy rating and a $4 price target.
Late last month the FDA identified certain "technical deficiencies" in the NDA for Northera.
There are "no surprises in the 10-Q," and "the risk/reward" is favorable for "risk-tolerant investors," Roth adds.
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