Lake Street analyst Frank Takkinen upgraded Inotiv to Buy from Hold with a price target of $10, up from $4, after the company reported Q4 results and issued its Q1 and FY23 outlook. Following the "better than feared" updates around the NHP business and balance sheet he believes NHP headwinds will continue through fiscal Q1 and slowly abate throughout the rest of the coming fiscal year, Takkinen tells investors.
Published first on TheFly
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- Inotiv, Inc. Announces Fourth Quarter and Full Year Fiscal 2022 Financial Results
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- Inotiv, Inc. to Report Fiscal 2022 Fourth Quarter and Full Year Financial Results and Host Conference Call on Tuesday, January 10, 2023
- Inotiv options imply 8.4% move in share price post-earnings
- Inotiv participates in a conference call hosted by Lake Street
