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home / articles / MESO - Analyst Bullish On Cell Therapy Player Mesoblast But Cuts Price Target | Benzinga


MESO - Analyst Bullish On Cell Therapy Player Mesoblast But Cuts Price Target | Benzinga

Wednesday, Mesoblast Ltd (NASDAQ: MESO) FY23 results, with revenues of $7.5 million for FY2023, compared to $10.2 million in FY2022, missing the consensus of $7.97 million.

The company reported narrower EPS loss of $(0.11), beating the consensus of $(0.57).

Citing solid Q4 earnings, Cantor Fitzgerald reiterates the Overweight rating but lowered the price target from $23 to $17

Earlier this month, the FDA issued a complete response letter to Mesoblast's resubmission for remestemcel-L for pediatric steroid-refractory acute graft versus host disease (SR-aGVHD), Full story available on Benzinga.com

Stock Information

Company Name: Mesoblast Limited
Stock Symbol: MESO
Market: NASDAQ
Website: mesoblast.com

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