Today’s Rating Alert: Stifel Nicolaus Gives Nivalis Therapeutics (NASDAQ:NVLS) Lower Rating. The Target Price is $3.25

November 29, 2016 - By Richard Conner

Today's Rating Alert:  Stifel Nicolaus Gives Nivalis Therapeutics (NASDAQ:NVLS) Lower Rating. The Target Price is $3.25

Nivalis Therapeutics (NASDAQ:NVLS) Downgrade

Investment analysts at Stifel Nicolaus’s research division cut Nivalis Therapeutics (NASDAQ:NVLS)‘s stock from Buy to Hold on Tuesday, 29 November. The analysts at Stifel Nicolaus have a PT of $3.25 on NVLS or 28.46% more upside.

The stock decreased 58.88% or $3.68 during the last trading session, hitting $2.57. About 4.86M shares traded hands or 6818.35% up from the average. Nivalis Therapeutics Inc (NASDAQ:NVLS) has risen 39.51% since April 26, 2016 and is uptrending. It has outperformed by 34.25% the S&P500.

Analysts await Nivalis Therapeutics Inc (NASDAQ:NVLS) to report earnings on March, 6. They expect $-0.58 EPS, down 38.10% or $0.16 from last year’s $-0.42 per share. After $-0.48 actual EPS reported by Nivalis Therapeutics Inc for the previous quarter, Wall Street now forecasts 20.83% negative EPS growth.

Nivalis Therapeutics, Inc. is a clinical-stage pharmaceutical company. The company has a market cap of $39.76 million. The Firm discovers, develops and commercializes product candidates for patients with cystic fibrosis . It currently has negative earnings. It focuses on utilizing its S-nitrosoglutathione reductase (GSNOR) inhibitor portfolio to develop therapeutics for other diseases.

According to Zacks Investment Research, “Nivalis Therapeutics, Inc. is a pharmaceutical company. The company is engaged in discovery, development and commercialization of molecule therapeutics for cystic fibrosis. Nivalis Therapeutics, Inc. is headquartered in Boulder, Colorado.”

NVLS Company Profile

Nivalis Therapeutics, Inc., incorporated on March 30, 2007, is a clinical-stage pharmaceutical company. The Firm discovers, develops and commercializes product candidates for patients with cystic fibrosis (CF). The Firm focuses on utilizing its S-nitrosoglutathione reductase (GSNOR) inhibitor portfolio to develop therapeutics for other diseases. The Firm operates through discovering and development of potential drugs segment. The Company’s activities are focused on discovery and development of its portfolio of GSNOR inhibitors, including N91115. GSNOR inhibitor portfolio includes other compounds with differing chemical structures and properties suitable for oral, inhaled, injectable and topical administration. The Company’s drug candidate portfolio consists of multiple compounds, which are designed for oral, intravenous (IV) or inhaled administration.

More recent Nivalis Therapeutics Inc (NASDAQ:NVLS) news were published by: Marketwatch.com which released: “Nivalis Therapeutics plummet as cystic fibrosis drug study fails” on November 28, 2016. Also Nasdaq.com published the news titled: “Mid-Day Market Update: U.S. Stocks Turn Higher; Nivalis Therapeutics Shares …” on November 29, 2016. Marketwatch.com‘s news article titled: “/quotes/zigman/3870025/realtime” with publication date: July 13, 2009 was also an interesting one.

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