VIVUS (VVUS) Tops Q2 EPS by 5c

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Go back to VIVUS (VVUS) Tops Q2 EPS by 5c

Vivus (VVUS) PT Cut to $4 at RBC Capital on Disappointing Results, Deep Cost Cuts; Keeps 'Outperform'

July 31, 2015 8:37 AM EDT

RBC Capital analyst Simos Simeonidis lowered his price target on Vivus (NASDAQ: VVUS) to $4.00 (from $6.00) but maintained his Outperform rating following Q2 results.

Simeonidis notes, "With Qsymia 2Q15 revenue at just $14M, Vivus is trying to preserve cash. It has announced further cost cutting,... More