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Stock Market & Financial Investment News

News Breaks
February 14, 2014
07:55 EDTKYTHKythera price target raised to $55 from $50 at Leerink
Leeirnk raised its price target for Kythera shares to $55 after its survey indicated "significant demand" for the company's ATX-101, which aims to reduce submental fat. The firm keeps an Outperform rating on the stock.
News For KYTH From The Last 14 Days
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November 10, 2014
16:22 EDTKYTHKythera reports Q3 EPS (99c), consensus (88c)
Cash, cash equivalents and marketable securities totaled $117.4M at September 30, which compares to $63.7M, of which $9.7M was restricted, at September 30, 2013. The company had net use of cash, cash equivalents and marketable securities of $17.2M in Q3 and, based on current operating plans, believes its existing cash, cash equivalents and marketable securities will allow it to fund its operating plan through at least the next 12 months. Given anticipated activities for the remainder of the year, the company expects to end 2014 with a cash balance of $95M-$100M.

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