BioTuesdays

Category - Markets

Axsome Therapeutics

BTIG starts Axsome at buy

BTIG launched coverage of Axsome Therapeutics (NASDAQ:AXSM) with a “buy” rating and $14 price target. The stock closed at $3.80 on May 18. Axsome is developing novel therapies for pain and central nervous system...

Arena Pharmaceuticals

Leerink starts Arena Pharma at OP

Leerink initiated coverage of Arena Pharmaceuticals (NASDAQ:ARNA) with an “outperform” rating and $5 price target. The stock closed at $1.15 on May 18. “Following a strategic reorganization led by a new management team...

Achillion Logo

Leerink upgrades Achillion to OP

Leerink upgraded Achillion Pharmaceuticals (NASDAQ:ACHN) to “outperform” from “market perform” and raised its price target to $6 from $4. The stock closed at $3.78 on May 17. Achillion has a portfolio of direct...

Stellar Biotechnologies

Maxim cuts Stellar Bio price target to $2

Maxim Group slashed its price target for Stellar Biotechnologies (NASDAQ:SBOT) to $2 from $4, but maintained its “buy” rating, after the company reported fiscal second quarter results. The stock closed at $1.32 on May 9...

Tocagen Logo

Analysts starts Tocagen at buy, MP

Analysts at Stifel and Leerink initiated coverage of Tocagen (NASDAQ:TOCA) with “buy” and “market perform” ratings, and price targets of $24 and $19, respectively. The stock closed at $17.40 on May 5. Tocagen is...

T2 Biosystems Logo

BTIG ups T2 Biosystems to neutral

BTIG upgraded T2 Biosystems (NASDAQ:TTOO) to “neutral” from “sell,” saying the shares have fallen below a prior $4 price target. The stock closed at $3.98 on May 5. “While there is no change to our thesis on T2Candida...

Endologix Logo

Canaccord ups Endologix price target to $7

Canaccord Genuity raised its price target for Endologix (NASDAQ:ELGX) to $7 from $5.75 but maintained a “hold” rating. The stock closed at $7.34 on May 4. Analyst Jason Mills writes that while Endologix’s first quarter...

tso3

RBC starts TSO3 at OP

RBC Capital Markets initiated coverage of TSO3 (TSX:TOS) with an “outperform, speculative risk” rating and $4.25 (Canadian) price target. The stock closed at $3.09 on May 2. TSO3 recently commercialized a highly...

Intra Cellular Therapies

Leerink cuts Intra-Cellular Therapies to MP

Leerink downgraded Intra-Cellular Therapies (NASDAQ:ITCI) to “market perform” from “outperform” and slashed its price target to $10 from $29, following a corporate update highlighting an unusual preclinical safety...

Conatus

Roth ups Conatus price target to $12

Roth Capital Partners raised its price target for Conatus Pharmaceuticals (NASDAQ:CNAT) to $12 from $4, reflecting a revised valuation. The stock closed at $7.58 on April 21. Analyst Sa’ar Yaniv writes that the revision...