BioTuesdays

Category - Markets

Zynerba Pharmaceuticals Logo

Ladenburg starts Zynerba Pharma at buy; PT $25.50

Ladenburg Thalmann initiated coverage of Zynerba Pharmaceuticals (NASDAQ:ZYNE) with a “buy” rating and $25.50 price target. The stock closed at $12.07 on Jan. 26. Zynerba is developing two clinical-stage synthetic...

Protagonist Therapeutics

Stifel starts Protagonist Therapeutics at buy; PT $32

Stifel launched coverage of Protagonist Therapeutics (NASDAQ:PTGX) with a “buy” rating and a $32 target price. The stock closed at $19.23 on Jan. 26. Protagonist is leveraging its proprietary peptide technology platform...

Atossa Genetics

Maxim starts Atossa Genetics at buy

Maxim Group initiated coverage of Atossa Genetics (NASDAQ:ATOS) with a “buy” rating and 12-month price target of $2. The stock closed at 33 cents on Jan. 25. Atossa is developing an oral formulation of endoxifen for...

tso3

RBC cuts TSO3 to sector perform; PT to $2 from $4.25

RBC Dominion Securities downgraded TSO3 (TSX:TOS) to “sector perform” from “outperform” and slashed its price target to $2 from $4.25 after the company entered into a new co-distribution agreement with Getinge to sell...

Flex Pharma

Ladenburg starts Flex Pharma at buy; PT $12

Ladenburg Thalmann initiated coverage of Flex Pharma (NASDAQ:FLKS) with a “buy” rating and $12 price target. The stock closed at $4.02 on Jan. 24. Flex is leveraging its research in muscle cramping as a disorder of...

Neovasc Logo

Canaccord resumes coverage of Neovasc at buy; PT $1.05

Canaccord Genuity resumed coverage of Neovasc (NASDAQ:NVCN) with a “buy” rating and price target of $1.05. The stock closed at 53 cents on Jan. 18. Analyst Jason Mills writes that Neovasc recently reported acceleration...

Mackie resumes coverage of WeedMD; ups PT to $4

Mackie Research Capital resumed coverage of WeedMD (TSXV:WMD) and raised its price target to $4 from $3 after the company completed a $34.5-million offering of units. The stock closed at $2.60 on Jan. 16. WeedMD is a...

Aradigm

Ladenburg cuts Aradigm to neutral; removes PT

Ladenburg Thalmann downgraded Aradigm (NASDAQ:ARDM) to “neutral” from “buy” and removed its previous $10 price target. The stock closed at $3.42 on Jan. 16. On Jan 11, the Antimicrobial Drugs Advisory Committee of the...

Pieris Pharmaceuticals

William Blair starts Pieris Pharma at OP

William Blair initiated coverage of Pieris Pharmaceuticals (NASDAQ:PIRS) with an “outperform” rating. The stock closed $7.46 on Jan. 16. Analyst Matthew Phipps writes that the company’s Anticalin platform continues to...

CIBC

CIBC-favored health care stocks for 2018

For 2018, CIBC World Markets is recommending investors hold a basket of healthcare stocks that include a combination of more speculative small and midcap companies with selected large caps. Analyst Prakash Gowd writes...