Rockwell Medical Technologies (RMTI) Reports In-Line Q3 Loss
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Chardan Capital Still Positive on Rockwell Medical (RMTI) Following Q3 Results, Update
November 11, 2014 7:55 AM ESTChardan Capital affirms Rockwell Medical Technologies (Nasdaq: RMTI) at Buy with a price target of $27 following Q3 results.
Analyst Ling Wang noted that RMTI's loss of $0.10 per share was roughly in-line with the firm's $0.11 per share loss estimate.
Wang offered the following commentary:
FDA ODAC panel posted majority vote favoring the approval of Triferic. Last Wednesday, the ODAC panel voted favorably for the approval of RMTI's Triferic... More
