In a report released today, Oren Livnat from H.C. Wainwright reiterated a Buy rating on Lipocine (LPCN), with a price target of $3.00. The companys shares closed last Wednesday at $1.32.
According to TipRanks.com, Livnat is a 4-star analyst with an average return of 6.8% and a 48.9% success rate. Livnat covers the Healthcare sector, focusing on stocks such as Collegium Pharmaceutical, Satsuma Pharmaceuticals, and Zynerba Pharmaceuticals.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Lipocine with a $3.00 average price target.
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Lipocines market cap is currently $86.71M and has a P/E ratio of -3.80. The company has a Price to Book ratio of 7.65.
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Lipocine, Inc. operates as a pharmaceutical company, which engages in the research and development of treatment for use in mens and womens health through proprietary drug delivery technologies. It focuses on the oral testosterone replacement therapy and preterm birth prevention. The company was founded in 2011 and is headquartered in Salt Lake City, UT.
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Lipocine (LPCN) Receives a Buy from H.C. Wainwright - Smarter Analyst
