Cowen set a $40.00 price objective on Liquidia Technologies (NASDAQ:LQDA) in a research report report published on Wednesday. The brokerage currently has a buy rating on the stock.
Other equities analysts have also recently issued reports about the stock. Jefferies Financial Group initiated coverage on shares of Liquidia Technologies in a research note on Monday, August 20th. They issued a buy rating and a $22.00 target price for the company. Needham & Company LLC initiated coverage on shares of Liquidia Technologies in a research note on Monday, August 20th. They issued a buy rating and a $30.00 target price for the company. Finally, Wedbush initiated coverage on shares of Liquidia Technologies in a research note on Tuesday, September 4th. They issued an outperform rating and a $26.00 target price for the company.
Shares of NASDAQ:LQDA traded up $2.59 during midday trading on Wednesday, hitting $19.60. The stock had a trading volume of 36,694 shares, compared to its average volume of 58,821. Liquidia Technologies has a 12 month low of $10.52 and a 12 month high of $38.46.
Liquidia Technologies (NASDAQ:LQDA) last released its earnings results on Wednesday, October 31st. The company reported ($0.83) earnings per share for the quarter, missing the consensus estimate of ($0.57) by ($0.26). The company had revenue of $0.17 million for the quarter, compared to analyst estimates of $1.03 million.
About Liquidia Technologies
Liquidia Technologies, Inc is a late-stage clinical biopharmaceutical company focused on the development and commercialization of human therapeutics using its proprietary PRINT technology to transform the lives of patients. PRINT technology is a particle engineering platform that enables precise production of uniform drug particles designed to improve the safety, efficacy and performance of a wide range of therapies.
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