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RBC puts Santarus at outperform, speculative risk
Santarus, Inc. was rated at outperform, speculative risk, and kept at its $10 price target by RBC Capital Markets analyst Douglas Miehm. The company reported a better-than-expected third-quarter loss of $0.26 per share, versus a loss of $0.40 per share in the prior-year period. Santarus' revenues beat RBC's estimates ($12.9 million compared to $12.0 million). Shares of the San Diego-based pharmaceutical company were up 23 cents, or 2.91%, at $7.98. (Nasdaq: SNTS)
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