BioTuesdays

Category - Markets

Neptune Wellness Solutions Logo

Echelon ups Neptune Wellness PT to $8

Echelon Wealth Partners hiked its price target for Neptune Wellness Solutions (TSX, NASDAQ:NEPT) to $8 from $5.25 after the company struck a strategic medical cannabis oil agreement with Canopy Growth (TSX:WEED). Shares...

Arcadia Logo

HCW starts Arcadia Biosciences at buy; PT $20

H.C. Wainwright initiated coverage of Arcadia Biosciences (NASDAQ:RKDA) with a “buy” rating and $20 price target. The stock closed at $8.16 on June 18. Arcadia has a track record in the generation of productivity traits...

Helius Medical Technologies Logo

BTIG cuts Helius Medical to neutral; PT $14

BTIG downgraded Helius Medical Technologies (NASDAQ:HSDT) to “neutral” from “buy” but maintained its $14 price target, saying it is uneasy about regulatory and fundraising timelines. The stock closed at $12.87 on June...

CareDx Logo

HCW cuts CareDx to neutral but ups PT to $15

H.C. Wainwright downgraded CareDx (NASDAQ:CDNA) to “neutral” from “buy” but raised its price target to $15 from $14, citing the company’s valuation. The stock closed at $15.78 on June 18. Earlier this month, CareDx held...

Iterum Therapeutics Logo

Leerink starts Iterum Therapeutics at OP; PT $18

Leerink launched coverage of Iterum Therapeutics (NASDAQ:ITRM) with an “outperform” rating and price target of $18. The stock closed at $12 on June 18. Iterum is developing an IV and oral formulation of sulopenem for...

Flex Pharma

Ladenburg cuts Flex Pharma to neutral, drops PT

Ladenburg Thalmann downgraded Flex Pharm (NASDAQ:FLKS) to “neutral” from “buy” without a price target after the company halted two Phase 2 trials. In afternoon trading on June 13, shares of Flex were quoted at $1.36...

Aleafia Health Logo

Mackie starts Aleafia Health at buy; PT $1.75

Mackie Research initiated coverage of Aleafia Health (TSXV:ALEF) with a “buy” rating and price target of $1.75. The stock closed at 51 cents on June 12. Aleafia runs the largest network of referral-only medical cannabis...

Stemline Logo

Roth starts Stemline Therapeutics at buy; PT $30

Roth Capital Partners initiated coverage of Stemline Therapeutics (NASDAQ:STML) with a “buy” rating and $30 price target. The stock closed at $17.90 on June 11. “We expect Stemline to sail smoothly through a biologics...

Tactile Systems Technology

Canaccord ups Tactile Systems PT to $56

Canaccord Genuity raised its price target for Tactile Systems Technology (NASDAQ:TCMD) to $56 from $46 on the heels of a recent acquisition of IP. The stock closed at $51.37 on June 11. Tactile is a medical device...