Seeking Alpha

With Androxal risk reduced, Repros Therapeutics has big upside: Brean

Count Brean's Jonathan Aschoff among the Repros Therapeutics (RPRX) bulls.

Today's Androxal news derisks the company's main asset, Aschoff notes, reiterating a Buy rating on the shares.

Brean's price target is hiked to $41 (from $32) which represents a 72% upside on top of Tuesday's double-digit gains.

"A full response from the FDA is expected in November to address RPRX's request regarding Priority Review," Aschoff adds.

RPRX had a strong session Tuesday, but trimmed early gains after theStreet's Adam Feuerstein raised a laundry list of concerns.

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