BioTuesdays

Category - Markets

AcelRx Pharma Logo

Ladenburg starts AcelRx Pharma at buy; PT $7

Ladenburg Thalmann launched coverage of AcelRx Pharmaceuticals (NASDAQ:ACRX) with a “buy” rating and price target of $7. The stock closed at $2.95 on August 15. AcelRx is focused on the development of acute pain...

Cytori Logo

Maxim cuts Cytori Therapeutics to hold, removes PT

Maxim Group downgraded Cytori Therapeutics (NASDAQ:CYTX) to “hold” from “buy” and removed its price target, citing capital concerns. The stock closed at 40 cents on August 14. “Our fundamental view around the...

ObsEva Logo

Leerink resumes coverage of ObsEva at OP; PT $25

Leerink resumed coverage of ObsEva SA (NASDAQ:OBSV) with an “outperform” rating and $25 price target. The stock finished at $13 on August 14. “We believe that at current levels the stock does not fully reflect the...

Dicerna Logo

HCW ups Dicerna Pharma to buy; PT $21

H.C. Wainwright upgraded Dicerna Pharmaceuticals (NASDAQ:DRNA) to “buy” from “neutral” and raised its price target to $21 from $14, citing broad progress across the company’s pipeline. The stock closed at $14.82 on...

Idera Pharma Logo

JP Morgan ups Idera Pharma to OW; PT $15

JP Morgan upgraded Idera Pharmaceuticals (NASDAQ:IDRA) to “overweight” with a December 2019 price target of $15, following a period of restriction and a “not-rated” designation. JP Morgan had rated the stock, which...

Replimune Group Logo

Analysts start Replimune at OP and OW; PTs $25, $26

Analysts for Leerink and JP Morgan initiated coverage for Replimune (NASDAQ:REPL) with “outperform” and “overweight” ratings, respectively. Leerink set its price target at $25 and JP Morgan at $26 for December 2019...

Correvio Pharma Logo

Mackie cuts Correvio Pharma to hold but ups PT to $4.70

Mackie Research downgraded Correvio Pharma (NASDAQ:CORV) to “hold” from “speculative buy” but raised its price target to $4.70 from $3.30, citing the stock’s run up after a positive FDA announcement on the company’s...

Gemphire Logo

Roth cuts Gemphire Therapeutics to neutral; PT $2

Roth Capital Partners downgraded Gemphire Therapeutics (NASDAQ:GEMP) to “neutral” from “buy” with a $2 price target after the company terminated its Phase 2a pediatric non-alcoholic fatty liver disease (NAFLD) trial...

Scynexis Logo

Ladenburg cuts Scynexis PT to $6 from $10

Ladenburg Thalmann lowered its price target for Scynexis (NASDAQ:SCNX) to $6 from $10, citing another delay in development of an IV formulation of ibrexafungerp. The stock closed at $1.39 on August 10. “As successful as...