Category - Markets

BTIG launched coverage of Synlogic (NASDAQ:SYBX) with a “buy” rating and $22 price target. The stock closed at $9.56 on Feb. 12. “We view Synlogic’s approach to correct inborn errors of metabolism via addition of key...

BTIG launched coverage of Geron (NASDAQ:GERN) with a “buy” rating and $4 price target. The stock closed at $1.31 on Feb. 12. Geron is focused on development of imetelstat, a telomerase inhibitor active in the treatment...

H.C. Wainwright initiated coverage of France-based Inventiva (PSE:IVA) with a “buy” rating and price target of €19. The stock closed at €6.40 on Feb. 12. Inventiva was spun out of Abbott Labs in 2012 and is focused on...

BTIG initiated coverage of MEI Pharma (NASDAQ:MEIP) with a “buy” rating and price target of $5.50. The stock closed at $2.96 on Feb. 12. “MEI Pharma is developing in-licensed drugs that we see as having good chances of...

Stifel initiated coverage of Ra Pharmaceuticals (NASDAQ:RARX) with a “buy” rating and $55 price target. The stock closed at $19.87 on Feb. 7. Ra Pharma uses a proprietary peptide chemistry platform to develop...

SVB Leerink downgraded Solid Biosciences (NASDAQ:SLDB) to “market perform” from “outperform” and slashed its price target to $8 from $50 after the company reported disappointing Phase 1/2 data from its experimental gene...

Dawson James Securities initiated coverage of BioTime (NYSE American:BTX) with a “buy” rating and $6 price target. The stock closed at $1.16 on Feb. 6. “We view BioTime as a new company invigorated by a new management...

SVB Leerink launched coverage of Marinus Pharmaceuticals (NASDAQ:MRNS) with an “outperform” rating and sum-of-the-parts price target of $10. The stock closed at $3.66 on Feb. 5. Analyst Marc Goodman writes that his...

H.C. Wainwright raised its price target for Trevena (NASDAQ:TRVN) to $1.25 from 75 cents, saying that resolution on two clinical requests from the FDA paves a path for the company’s NDA resubmission for oliceridine, a...

H.C. Wainwright lowered its price target for Rexahn Pharmaceuticals (NYSE American:PNN) to $10 from $17 to reflect a higher number of shares outstanding after an equity issue in January. The stock closed at 63 cents on...