BioTuesdays
Verastem

BTIG cuts Verastem to Neutral; PT removed

BTIF downgraded Verastem (NASDAQ:VSTM) to “neutral” from “buy” and removed its previous price target of $8 after the company announced that president and CEO, Robert Forrester, was stepping down. The stock closed at $1...

SVB Leerink ups Provention Bio PT to $17 from $5.50

SVB Leerink raised its price target for Provention Bio (NASDAQ:PRVB) to $17 from $5.50, following positive At-Risk trial results presented at the American Diabetes Association meeting last week. The stock closed at $11...

ReWalk Robotics

HCW ups ReWalk Robotics to buy; PT to $9

H.C. Wainwright upgraded ReWalk Robotics (NASDAQ:RWLK) to “buy” from “neutral” and raised its price target to $9 from $4, citing several key milestones in the past few months. The stock closed at $5.21 on June 14.

Tetraphase Pharmaceuticals

HCW cuts Tetraphase Pharma PT to $1.50 from $7

H.C. Wainwright slashed its price target for Tetraphase Pharmaceuticals (NASDAQ:TTPH) to $1.50 from $7 after the company unveiled a sweeping corporate reorganization. The stock closed at 74 cents on June 12.

HCW ups Sesen Bio to buy; PT to $3

H.C. Wainwright upgraded Sesen Bio (NASDAQ:SESN) to “buy” from “neutral” and raised its price target to $3 from $1 after the company had a successful Type B pre-biologics license application (BLA) meeting with FDA for...

Intellia Therapeutics

Roth starts Intellia Therapeutics at neutral; PT $16

Roth Capital Partners launched coverage of Intellia Therapeutics (NASDAQ:NTLA) with a “neutral” rating and $16 price target, saying the stock is fully valued ahead of first-in-human studies. The stock closed at $14.36...

Roth starts Forty Seven at buy; PT $28

Roth Capital Partners initiated coverage of Forty Seven (NASDAQ:FTSV) with a “buy” rating and $28 price target. The stock closed at $12.49, up 34 cents, on May 28.