BioTuesdays

Category - Markets

Novus Therapeutics

Ladenburg starts Novus Therapeutics at buy; PT $12

Ladenburg Thalmann launched coverage of Novus Therapeutics (NASDAQ:NVUS) with a “buy” rating and $12 price target. The stock closed at $4.53 on Sept. 10. Novus is developing a novel treatment for otitis media (OM)...

Avid Bioservices

HCW ups Avid Bioservices PT to $11 from $6

H.C. Wainwright raised its price target for Avid Bioservices (NASDAQ:CDMO) to $11 from $6, saying the company’s business development continues to ramp up and reap rewards. The stock closed at $7.17 on Sept. 10. Avid is...

Melinta Therapeutics

HCW starts Melinta Therapeutics at buy; PT $14

H.C. Wainwright initiated coverage of Melinta Therapeutics (NASDAQ:MLNT) with a “buy” rating and $14 price target. The stock closed at $4.30 on Sep. 10. Melinta is focused on its four marketed drugs, especially its two...

Cyclacel Pharmaceuticals

Ladenburg starts Cyclacel Pharma at buy; PT $6.25

Ladenburg Thalmann launched coverage of Cyclacel Pharmaceuticals (NASDAQ:CYCC) with a “buy” rating and $6.25 price target. The stock closed at $1.43 on Sept. 6. “We believe CYC065, the company’s CDK 2/9 inhibitor, has...

Obalon Therapeutics

Roth starts Obalon Therapeutics at buy; PT $6

Roth Capital Partners initiated coverage of Obalon Therapeutics (NASDAQ:OBLN) with a “buy” rating and $6 price target. The stock closed at $2.91 on Sept. 5. Obalon offers the Obalon Balloon System, the first and only...

Histogenics

HCW cuts Histogenics PT to $2 from $3.50

H.C. Wainwright lowered its price target for Histogenics (NASDAQ:HSGX) to $2 from $3.50, but maintained its “buy” rating, after the company missed its primary endpoint in a Phase 3 study of NeoCart for knee cartilage...

Cyclacel Pharmaceuticals

Roth starts Cyclacel Pharma at buy; PT $8

Roth Capital Partners launched coverage of Cyclacel Pharmaceuticals (NASDAQ:CYCC) with a “buy” rating and $8 price target. The stock closed at $1.57 on September 4. “We believe that Cyclacel, its clinical CDK inhibitor...

Vaccinex

Analysts start Vaccinex at buy; PTs $20 and $22

Analysts at BTIG and Ladenburg Thalmann initiated coverage of Vaccinex (NASDAQ:VCNX) with “buy” ratings and price targets of $20 and $22, respectively. The stock closed at $9.99 on August 31. Vaccinex, which went public...

Immune Design

HCW starts Immune Design at buy; PT $11

H.C. Wainwright initiated coverage of Immune Design (NASDAQ:IMDZ) with a “buy” rating and $11 price target. The stock closed at $3.45 on August 29. “Based on our broad and long-term coverage of cancer immunotherapy, we...