BioTuesdays

Category - Markets

Aurinia Pharmaceuticals
Markets

Analysts raise Aurinia price targets

Analysts for H.C. Wainwright and Leerink raised their price targets for Aurinia Pharmaceuticals (NASDAQ:AUPH) after the company reviewed positive Phase 2b trial data for voclosporin in lupus nephritis (LN), which met...

March 3, 2017
STAAR Surgical
Markets

Canaccord ups STAAR Surgical price target to $9

Canaccord Genuity raised its price target for STAAR Surgical (NASDAQ:STAA) to $9 from $7, but maintained its “hold” rating after the company reported fourth quarter results. The stock closed at $10.18 on March 2. STAAR...

March 3, 2017
MiMedx Group
Markets

Piper starts MiMedx at overweight

Piper Jaffray launched coverage of MiMedx Group (NASDAQ:MDXG) with an “overweight” rating and $10 price target. The stock closed at $8.35 on March 2. MiMedx is the market leader for amniotic-based products used in wound...

March 3, 2017
Edge Therapeutics
Markets

Leerink assumes coverage of Edge Therapeutics at OP

Leerink analyst Paul Mattels is assuming coverage of Edge Therapeutics (NASDAQ:EDGE) with an “outperform” rating and $21 price target. The stock closed at $9.40 on March 2. “We view EDGE as a logical fit within our CNS...

March 3, 2017
DURECT
Markets

HCW assumes coverage of DURECT at buy

H.C. Wainwright has assumed coverage of DURECT (NASDAQ:DRRX) with a “buy” rating and $3 price target. The stock was quoted at $1.02 in afternoon trading on Feb. 28. “Our focus is on the novel epigenetic regulator...

February 28, 2017
Cempra
Markets

Roth upgrades Cempra to buy

Roth Capital Partners upgraded Cempra (NASDAQ:CEMP) to “buy” and maintained its $8 price target after the company announced positive Phase 3 results in the first of two skin infection (ABSSSI) studies with Taksta. The...

February 27, 2017
Zynerba Pharmaceuticals Logo
Markets

Maxim starts Zynerba Pharma at buy

Maxim Group initiated coverage of Zynerba Pharmaceuticals (NASDAQ:ZYNE) with a “buy” rating and 12-month price target of $32. The stock closed at $22.10 on Feb. 23. Analyst Lauren Chung writes that 2017 could be a...

February 24, 2017
Reata Pharma
Markets

Stifel starts Reata Pharma at buy

Stifel launched coverage of Reata Pharmaceuticals (NASDAQ:RETA) with a “buy” rating and $38 price target. The stock closed at $23.05 on Feb. 22. “Our positive thesis centers on what we see as blockbuster potential for...

February 23, 2017
ANI Pharmaceuticals
Markets

Roth downgrades ANI Pharma to neutral

Roth Capital Partners downgraded ANI Pharmaceuticals (NASDAQ:ANIP) to “neutral” from “buy,” pending the company’s 2017 financial guidance. Roth maintained its $69 price target for the stock, which was quoted at $59.53...

February 22, 2017
Argos Therapeutics
Markets

Stifel downgrades Argos to hold

Stifel downgraded Argos Therapeutics (NASDAQ:ARGS) to “hold” from “buy” and slashed its price target to $1.40 from $10 after an independent data monitoring committee (IDMC) recommended discontinuation of the ADAPT Phase...

February 22, 2017