{"id":11359,"date":"2019-11-28T03:24:03","date_gmt":"2019-11-28T03:24:03","guid":{"rendered":"https:\/\/template.reachmarkets.com.au\/investorportal\/?p=11359"},"modified":"2022-08-04T03:07:17","modified_gmt":"2022-08-04T03:07:17","slug":"ptx-target-price-revision-h-c-wainwright-co","status":"publish","type":"post","link":"https:\/\/template.reachmarkets.com.au\/investorportal\/ptx-target-price-revision-h-c-wainwright-co\/","title":{"rendered":"PTX Target Price Revision &#8211; H.C Wainwright &#038; Co"},"content":{"rendered":"<p>We maintain our Buy rating and are increasing our price target to A$0.16from A$0.09. The drivers to our valuation chance include: (1) adjustment to base year; (2) adjustment to exchange rate (U.S.to AUD 1.47434 on 11\/26\/19); and (3) lowering our discount rate from 30% to 25%, which is still higher than our usual 15% forthe majority of companies under our coverage list to account for the early stage nature of Prescient&#8217;s assets.<\/p>\n<p>Click <a href=\"https:\/\/template.reachmarkets.com.au\/investorportal\/wp-content\/uploads\/2018\/03\/Prescient-Therapeutics-Limited.pdf\">here<\/a> to read the full report (report\/PDF Download)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>We maintain our Buy rating and are increasing our price target to A$0.16from A$0.09. The drivers to our valuation chance include: (1) adjustment to base year; (2) adjustment to exchange rate (U.S.to AUD 1.47434 on 11\/26\/19); and (3) lowering our discount rate from 30% to 25%, which is still higher than our usual 15% forthe [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":27241,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,1],"tags":[29],"class_list":["post-11359","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","category-news","tag-prescient-therapeutics"],"gutentor_comment":0,"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PTX Target Price Revision - H.C Wainwright &amp; Co - PTX Therapeutics<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PTX Target Price Revision - H.C Wainwright &amp; Co - PTX Therapeutics\" \/>\n<meta property=\"og:description\" content=\"We maintain our Buy rating and are increasing our price target to A$0.16from A$0.09. 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