BioTuesdays

Category - Markets

TearLab
Markets

Roth downgrades TearLab to neutral

Roth Capital Partners downgraded TearLab (NASDAQ:TEAR; TSX:TLB) to “neutral” from “buy,” citing sales transition challenges. The stock closed at 83 cents on Wednesday. Analyst Chris Lewis writes that TearLab’s second...

August 4, 2016
Galmed Logo
Markets

HCW cuts Galmed Pharma price target to $13

H.C. Wainwright lowered its price target to Galmed Pharmaceuticals (NASDAQ:GLMD) to $13 from $22, citing enrollment delays in a Phase 2b NASH trial of aramchol. The stock closed at $4.13 on Wednesday. “Given that Galmed...

August 4, 2016
Synthetic Biologics Logo
Markets

WB cuts Synthetic Biologics price target

William Blair lowered its price target for Synthetic Biologics (NYSE:SYN) to $7 from $10, citing potential delays to commercialize the company’s two programs. The stock closed at $1.67 on Wednesday. “We maintain our...

August 4, 2016
Derma Sciences
Markets

Roth ups Derma Sciences price target to $8.50

Roth Capital Markets raised its price target for Derma Sciences (NASDAQ:DSCI) to $8.50 from $7.25. The stock was quoted at $5.04 in afternoon trading on Wednesday. Analyst Scott Henry writes that his updated model...

August 3, 2016
Keryx Biopharmaceuticals Logo
Markets

Stifel downgrades Keryx to hold

Stifel downgraded Keryx Biopharmaceuticals (NASDAQ:KERX) to “hold” from “buy” and removed its price target after the company announced an imminent supply disruption with its Auryxia product. The stock closed at $4.72 on...

August 2, 2016
Medical Facilities
Markets

Echelon starts Medical Facilities at buy

Echelon Wealth Partners initiated coverage of Medical Facilities (TSX:DR) with a “buy” rating and one-year price target of $22.50. The stock closed at $21.50 on Monday. Medical Facilities (MFC) is a physician-owned...

August 2, 2016
Sucampo Pharmaceuticals
Markets

Maxim cuts Sucampo Pharma price target to $17

Maxim Group lowered its price target for Sucampo Pharmaceuticals (NASDAQ:SCMP) to $17 from $26, citing a combination of the market environment and an assessment of the catalysts and risks. The stock was quoted at $11.89...

August 1, 2016
Galmed Logo
Markets

Maxim cuts Galmed Pharma price target to $9

Maxim Group lowered its price target for Galmed Pharmaceuticals (NASDAQ:GLMD) to $9 from $24, citing a bearish biotech market environment, catalysts, and revisions to timelines, as well as other related assumptions. The...

August 1, 2016
Seres Therapeutics Logo
Markets

HCW cuts Seres Therapeutics price target to $15

H.C. Wainwright lowered its price target for Seres Therapeutics (NASDAQ:MCRB) to $15 from $50 after disappointing Phase 2 results in patients with recurrent C. difficile infection (CDI). The stock was quoted at $9.83...

August 1, 2016