Maxim Group launched coverage of Moleculin Biotech (NASDAQ:MBRX) with a “buy” rating and $3 price target. The stock closed at $1.35 on Nov. 13. Moleculin has three differentiated oncology programs: a STAT3 inhibitor for...
SVB Financial Group (NASDAQ:SIVB), the parent company of Silicon Valley Bank, agreed to acquire Leerink Holdings for $280 million. Leerink is a Boston-based parent company of Leerink Partners, a leading investment bank...
William Blair initiated coverage of LogicBio Therapeutics (NASDAQ:LOGC) with an “outperform” rating and $26 fair value estimate. The stock closed at $15.11 on Nov. 12. LogicBio’s GeneRide platform is a promoter-less...
Maxim Group raised its price target for Matinas BioPharma (NYSE American:MTNB) to $5 from $2 after the American Heart Association meeting over the weekend. The stock closed at $1.11 on Nov. 9. “We are factoring in...
H.C. Wainwright raised its price target for AVEO Pharmaceuticals (NASDAQ:AVEO) to $9 from $6.50 after the company reported positive top line results from its Phase 3 TIVO-3 study, evaluating tivozanib for the treatment...
Stifel initiated coverage of Equillium (NASDAQ:EQ) with a “buy” rating and $22 price target. The stock closed at $16.34 on Nov. 5. “Our bullish thesis centers on the potential for lead asset, EQ001, a first-in-class...
Roth Capital Partners upgraded Syros Pharmaceuticals (NASDAQ:SYRS) to “buy” but maintained its $12 price target, citing recent erosion of the company’s market value. The stock closed at $7.76 on Nov. 2 after trading...
Ladenburg Thalmann initiated coverage of Aptevo Therapeutics (NASDAQ:APVO) with a “buy” rating and $14 price target. The stock closed at $3.63 on Nov. 2. Aptevo is developing biotherapeutics for oncology and autoimmune...
H.C. Wainwright downgraded Trevena (NASDAQ:TRVN) to “neutral” from “buy” and slashed its price target to 75 cents from $3 after the company received a complete response letter (CRL) on Nov. 2 from the FDA for...
Leerink lowered its price target for Clovis Oncology (NASDAQ:CLVS) to $22 from $30 but maintained its “market perform” rating after the company reported third quarter results. The stock closed at $16.61 on Oct. 30...