BioTuesdays

Category - Markets

Titan Medical
Markets

Titan Medical closes $10.25-million public offering

Titan Medical (TSX:TMD; OTCQX:TITXF) has closed a public offering of 17,083,333 units at a price of 60 cents apiece for gross proceeds of $10.25-million. Each unit consists of one common share and one warrant, which...

September 20, 2016
Recro Pharma
Markets

Roth starts Recro Pharma at buy

Roth Capital Partners has launched coverage of Recro Pharma (NASDAQ:REPH) with a “buy” rating and a $24 price target. The stock closed at $9.31 on Thursday. “The impetus for our buy rating on Recro shares is the upside...

September 16, 2016
Summit
Markets

Wainwright starts Summit Therapeutics at buy

H.C. Wainwright initiated coverage of Summit Therapeutics (NASDAQ:SMMT) with a “buy” rating and $26 price target. The stock closed at $5.50 on Thursday. Summit has two de-risked assets, with billion-dollar potential...

September 16, 2016
Aerie Pharmaceuticals Logo
Markets

Stifel ups Aerie Pharma price target to $50

Stifel raised it price target for Aerie Pharmaceuticals (NASDAQ:AERI) to $50 from $40 after the company’s Roclatan eye drop hit all its endpoints with clinically meaningful results in a Phase 3 trial. The stock closed...

September 15, 2016
Vitae Pharmaceuticals
Markets

Stifel downgrades Vitae Pharma to hold

Stifel downgraded Vitae Pharmaceuticals (NASDAQ:VTAE) to “hold” from “buy” with a new price target of $21 after the company accepted a merger agreement from Allergan (NYSE:AGN) valued at $639-million or $21 a share. In...

September 14, 2016
ViewRay Logo
Markets

BTIG starts ViewRay at buy

BTIG Research launched coverage of ViewRay (NASDAQ:VRAY) with a “buy” rating and $6 price target. The stock closed at $3.58 on Tuesday. MRIdian is the first commercial MRI guided radiation therapy treatment system...

September 14, 2016
novadaq
Markets

Scotiabank starts Novadaq at sector outperform

Scotiabank initiated coverage of Novadaq Technologies (NASDAQ:NVDQ; TSX:NDQ) with a “sector outperform” rating and a one-year price target of $18.  The stock closed at $11.43 on Tuesday. Analyst Alan Ridgeway writes...

September 14, 2016
Mirna Therapeutics
Markets

Wainwright starts Mirna Therapeutics at buy

H.C. Wainwright initiated coverage of Mirna Therapeutics (NASDAQ:MIRN) with a ‘buy” rating and $6 price target, saying the company’s promising microRNA technology “could be a gift to long-term investors.” The stock was...

September 12, 2016
Cogentix Medical
Markets

Roth upgrades Cogentix Medical to buy

Roth Capital Partners upgraded Cogentix Medical (NASDQQ:CGNT) to “buy” from “neutral” and raised its price target to $2.20 from $1.25 after the company announced proposed equity financing and debt conversion...

September 8, 2016