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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