Cowen and Company Lowers Versartis, Inc. (VSAR) to Market Perform

Cowen and Company Lowers Versartis, Inc. (VSAR) to Market Perform”

Therefore 89% are positive. The stock's market capitalization is 768.48M, it has a 52-week low of 9.05 and a 52-week high of 24.00.

The company is now down from yesterday's close of 21.6.

Versartis, Inc. had its "outperform" rating reiterated by analysts at Cowen.

Piper Jaffray has downgraded Versartis (NASDAQ:VSAR) from Overweight to Neutral in a report released on Friday September 22, 2017. On Friday, May 26 the stock rating was maintained by Canaccord Genuity with "Buy".

Versartis shares reacted to the news, crashing over 80% to $3.45 in pre-market trading. The firm has "Outperform" rating by Credit Suisse given on Tuesday, December 20. The stock of Genesco Inc. LLC now owns 319,854 shares of the biopharmaceutical company's stock worth $5,582,000 after purchasing an additional 66,977 shares during the last quarter. Qep Res Inc now has $2.01 billion valuation. 241,595 shares of the stock traded hands. It has underperformed by 51.27% the S&P500. QEP Resources had 42 analyst reports since August 7, 2015 according to SRatingsIntel.

12/21/2015 - Citigroup began new coverage on Versartis, Inc. giving the company a "buy" rating. "While it remains to be seen if size will ultimately play a role in the upcoming phase III readouts", J.P. Morgan analyst Jessica Fye said at the time, "we believe that size is one key point of potential differentiation" among the candidates. Imperial Capital has "Outperform" rating and $27 target. The brokerage set an "overweight" rating on the biopharmaceutical company's stock. The stock of Versartis Inc (NASDAQ:VSAR) has "Buy" rating given on Friday, September 8 by Piper Jaffray. The company was downgraded on Tuesday, July 18 by Deutsche Bank. Its up 0.25, from 1.05 in 2017Q1. 32 funds opened positions while 111 raised stakes. Alps Advisors owns 31,780 shares. Blackrock Advsrs reported 15,820 shares. Engineers Gate Manager Lp reported 174,847 shares. Following the completion of the transaction, the insider now directly owns 59,500 shares of the company's stock, valued at $1,261,400.

Versartis had $143 million in cash and equivalents as of June 30, a sum the company estimates will be enough to sustain operations for at least 12 months. Fmr Ltd Liability Company reported 0.01% stake. California Pub Employees Retirement invested 0.01% of its portfolio in QEP Resources Inc (NYSE:QEP). Weaver C Barksdale And Inc invested in 0.01% or 895 shares. Bessemer Group Inc Inc holds 0% or 217 shares in its portfolio.

Before trading, trader, investor or shareholder must have an eye on stock's historical performance. Analysts forecast that Versartis Inc will post ($3.54) earnings per share for the current year.

About 24.58 million shares traded or 3988.18% up from the average.

More news for Versartis Inc (NASDAQ:VSAR) were recently published by:, which released: "Versartis: Expect Growth Ahead" on September 18, 2017. Its up 0.17, from 2.1 in 2016Q3. The stock grabbed 19 new institutional investments totaling 797,709 shares while 23 institutional investors sold out their entire positions totaling 684,945 shares. Driehaus Capital Mngmt Limited Liability invested in 0.14% or 211,079 shares.

Current levels places Versartis, Inc. National Bank & Trust Of America De holds 0% or 6,481 shares. 27,583 were accumulated by Woodstock. Moreover, Goldman Sachs has 0% invested in Versartis Inc (NASDAQ:VSAR) for 103,044 shares. 319,854 were reported by Lord Abbett And Llc. We have $2.64 PT which if reached, will make NASDAQ:VSAR worth $3.81 million less. Dimensional Fund Advisors Ltd Partnership stated it has 0% in Versartis Inc (NASDAQ:VSAR).

What Historical Figures Say About Versartis, Inc. (NASDAQ:VSAR), with 4 analysts believing it is a strong buy. Schwab Charles Investment Mgmt owns 109,409 shares or 0% of their United States portfolio.

Like this


23 September 2017
Russian Federation says it will target US-backed fighters in Syria if provoked
Dillon added that the coalition and Russian officers shared maps and other data on where their forces were battling in the area. The U.S. air mission against the Islamic State is operating at a high tempo and making significant progress, Air Force Lt.

23 September 2017
Bills expected to start rookie LT Dion Dawkins against Broncos
With Dareus out, Adolphus Washington , Cedric Thornton and Deandre Coleman will rotate in at defensive tackle. Cordy Glenn's ongoing battle with foot and ankle problems has now moved from his left to his right ankle.

23 September 2017
D'Arnaud homers twice in Mets' win
It was the Nationals' 203rd home run this season, matching the franchise record dating to 1969 when they were the Montreal Expos. The Mets overcame another shaky outing by Robert Gsellman , who was coming off his best start of the season in Atlanta.

23 September 2017
Apple Watch fails to tick with reviewers due to cellular glitch
Gene Munster, a longtime Apple analyst with Loup Ventures, doubted issues with the Series 3 Watch would hurt Apple's bottom line. Apple said that the watch would have 18 hours of battery life, but it would sustain only for an hour for a cellular phone call.

23 September 2017
Shawn Mendes donates to Mexico victims
You can also help the earthquake's victims by donating to other groups including UNICEF Mexico , Oxfam Mexico , Save the Children Mexico , and Project Paz .

23 September 2017
Gary man injured in early morning shooting on I-65, police say
A 46-year-old man from Gary, who was sitting in the back seat, suffered a graze wound and was treated and released. Anyone with information or who witnessed the incident is asked to call Detective Gary Runde at 219-696-6242.

23 September 2017
Gonzalo Higuain is crucial for Juventus and helps win trophies - Chiellini
Torino have managed to score in each of their last six games against Juve, following a run of 10 derbies in which they failed to score a single goal.

23 September 2017
Talk of tougher North Korea sanctions
Haley said that wasn't an empty threat from the president but, when asked, she declined to describe the president's intentions. The White House has denied reports that Trump has changed his mind about withdrawing the US from the accord.

23 September 2017
New Zealanders head to polls for national vote
Given New Zealand's proportional representation system, it could take weeks to determine the composition of the new government. If that happens, populist anti-immigration campaigner Winston Peters New Zealand First party looms as a potential kingmaker.

23 September 2017
Tropical Storm Jose stationary southeast of MA
The storm is expected to pass around 150 miles southeast of Nantucket, sparing CT the worst of its power. Wednesday Jose was a tropical storm with maximum sustained winds around 65 miles per hour .