KalVista Pharmaceuticals (KALV) Stock Rating Upgraded by ValuEngine

KalVista Pharmaceuticals (NASDAQ:KALV) was upgraded by investment analysts at ValuEngine from a “strong sell” rating to a “sell” rating in a research report issued to clients and investors on Friday.

Separately, BTIG Research lifted their price target on shares of KalVista Pharmaceuticals from $18.00 to $27.00 and gave the company a “buy” rating in a research note on Monday, October 16th.

KalVista Pharmaceuticals (NASDAQ:KALV) traded up $0.04 during trading on Friday, hitting $10.76. 23,890 shares of the stock traded hands, compared to its average volume of 51,916. KalVista Pharmaceuticals has a 1 year low of $5.48 and a 1 year high of $15.80.

KalVista Pharmaceuticals (NASDAQ:KALV) last posted its quarterly earnings results on Thursday, December 14th. The specialty pharmaceutical company reported ($0.50) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.45) by ($0.05). KalVista Pharmaceuticals had a negative net margin of 1,379.58% and a negative return on equity of 70.20%. The company had revenue of $1.13 million for the quarter.

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About KalVista Pharmaceuticals

KalVista Pharmaceuticals, Inc, formerly Carbylan Therapeutics, Inc, is a clinical-stage pharmaceutical company. The Company is focused on the discovery, development, and commercialization of small molecule protease inhibitors for a range of diseases. The Company has developed a portfolio of small molecule plasma kallikrein inhibitors targeting hereditary angioedema (HAE) and diabetic macular edema (DME).

To view ValuEngine’s full report, visit ValuEngine’s official website.

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