MarketBeat Earnings
Cytokinetics (NASDAQ:CYTK) Raised to Hold at Wall Street Zen
Wall Street Zen upgraded Cytokinetics (NASDAQ:CYTK) from "Sell" to "Hold" on Sunday, despite the broader analyst consensus remaining a "Moderate Buy." The company exceeded quarterly expectations with an adjusted loss of $1.50 per share and revenue of $28.62 million. While company insiders sold shares, institutional investors, including Millennium Management, increased their holdings.