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Stock Market & Financial Investment News

News Breaks
January 11, 2014
18:01 EDTICPTNIH says patients on Intercept drug had more 'bad' cholesterol, WSJ says
Late Friday, the Wall Street Journal reported that the National Institutes of Health, NIH, said patients that were treated with Intercept Pharmaceuticals's experimental liver-disease drug obeticholic acid, or OCA, in a clinical trial experienced more abnormal cholesterol levels than those who were given a placebo. The NIH, said it was making this information available to give "broader context for the findings" of the trial, added the Wall Street Journal. Shares of Intercept traded down 6% in after-hours trading on Friday evening after the report. Reference Link
News For ICPT From The Last 14 Days
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April 17, 2015
10:00 EDTICPTOn The Fly: Analyst Initiation Summary
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05:53 EDTICPTIntercept initiated with a Buy, $465 target at UBS
UBS analyst Matthew Roden started shares of Intercept Pharmaceuticals with a Buy rating and $465 price target. Roden sees a favorable risk/reward ahead of the approval and commercial launch of the company's obeticholic acid, known as OCA, in primary biliary cirrhosis. Roden also thinks OCA's opportunity in nonalcoholic steatohepatitis is being undervalued at current share levels. Shares of Intercept closed yesterday up $2.53 to $274.44.
April 13, 2015
08:24 EDTICPTDeutsche Bank pharmaceuticals analyst holds an analyst/industry conference call
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06:07 EDTICPTIntercept announces several presentations evaluating OCA
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April 9, 2015
08:20 EDTICPTWedbush reiterates $493/share acquisition value for Intercept
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April 8, 2015
06:57 EDTICPTIntercept added to short-term buy list at Deutsche Bank
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