BioTuesdays
Shockwave Medical

Canaccord starts ShockWave Medical at buy; PT $39

Canaccord Genuity initiated coverage of ShockWave Medical (NASDAQ:SWAV) with a “buy” rating and $39 price target. The stock closed at $33.47 on March 29. Analyst Jason Mills writes that ShockWave’s technology –...

Proteon Therapeutics

Maxim cuts Proteon Therapeutics to hold; removes PT

Maxim Group downgraded Proteon Therapeutics (NASDAQ:PRTO) to “hold” from “buy” and withdrew its previous $5 price target after the company’s second Phase 3 study of vonapanitase failed to reach statistical significance...

Eye Point Logo

EyePoint Pharma prices $20-million stock offering

EyePoint Pharmaceuticals (NASDAQ:EYPT) priced a public offering of 10,526,500 of its common shares at a price of $1.90 each to raise about $20-million. EyePoint also granted underwriters a 30-day option to purchase up...

Fate Therapeutics

SVB Leerink starts Fate Therapeutics at OP; PT $20

SVB Leerink launched coverage of Fate Therapeutics (NASDAQ:FATE) with an “outperform” rating and $20 price target. The stock closed at $16.71 on March 27. Analyst Daina Graybosch writes that Fate is at the forefront of...

Affimed

SVB Leerink starts Affimed at OP; PT $8

SVB Leerink initiated coverage of Affimed NV (NASDAQ:AFMD) with an “outperform” rating and $8 price target. The stock closed at $4.17 on March 27. “Our positive view is fuelled by the potential of the company’s novel...

Atossa Genetics

Maxim ups Atossa Genetics PT to $9 from $5

Maxim Group raised its price target for Atossa Genetics (NASDAQ:ATOS) to $9 from $5 after the Institutional Review Board approved the use of oral endoxifen as a post-mastectomy treatment in pre-menopausal, estrogen...

Conatus

Roth cuts Conatus Pharma to neutral with PT of $1.70

Roth Capital Partners downgraded Conatus Pharmaceuticals (NASDAQ:CNAT) to “neutral” with a price target of $1.70 after the company’s ENCORE-NF trial failed to meet its primary endpoint of an improvement of fibrosis...

Recro Pharma

Roth cuts Recro Pharma to neutral with PT $7.50

Roth Capital Partners downgraded Recro Pharma (NASDAQ:REPH) to “neutral” with a price target of $7.50 after the company received a second complete response letter (CRL) from the FDA about its NDA for meloxicam, an...

Nevro

Canaccord ups Nevro PT to $62 from $46

Canaccord Genuity raised its price target for Nevro (NYSE:NVRO) to $62 from $46 after the medical device maker appointed Keith Grossman as president and CEO, effective immediately. The stock closed at $44.77 on March 19...

INmune Bio

Maxim starts INmune Bio at buy; PT $13

Maxim Group launched coverage of INmune Bio (NASDAQ:INMB) with a “buy” rating and $13 price target. The stock closed at $7.73 on March 18. INmune Bio is a clinical-stage immunotherapy company with three drug programs...

Momenta Pharma

BTIG starts Momenta Pharma at neutral

BTIG launched coverage of Momenta Pharmaceuticals (NASDAQ:MNTA) with a “neutral” rating. The stock closed at $14.15 on March 15. Analyst Thomas Schrader writes that Momenta’s transition from a generics company to a more...

InMed Pharma

Roth starts InMed Pharma at buy; PT $1.10

Roth Capital Partners initiated coverage of InMed Pharmaceuticals (TSX:IN; OTCQX:IMLFF) with a “buy” rating and 12-month price target of $1.10. The stock closed at 57 cents on March 15. InMed is focused on developing...

Arcus Biosciences

BTIG starts Arcus Biosciences at buy; PT $20

BTIG initiated coverage of Arcus Biosciences (NYSE:RCUS) with a “buy” rating and $20 price target. The stock closed at $11.67 on March 15. Arcus is focused on driving antitumor immune responses beyond the level...

Fluidigm

BTIG starts Fluidigm at buy; PT $15

BTIG launched coverage of Fluidigm (NASDAQ:FLDM) with a “buy” rating and price target of $15. The stock closed at $12.79 on March 13. Analyst Sung Ji Nam writes that the long-term growth or market potential for the...

Vapotherm Logo

Canaccord ups Vapotherm PT to $27 from $22

Canaccord Genuity raised its price target for Vapotherm (NYSE:VAPO) to $27 from $22 after the company’s fourth quarter results beat expectations. The stock closed at $19.85 on March 12. The company, which develops non...

Senseonics

BTIG ups Senseonics PT to $4 from $3

BTIG raised its price target for Senseonics (NYSE American:SENS) to $4 from $3, saying the company’s new Patient Access Bridge program makes strategic sense, even though it caused Senseonics to lower its 2019 guidance...

SVB Leerink starts TCR2 Therapeutics at OP; PT $27

SVB Leerink launched coverage of TCR2 Therapeutics (NASDAQ:TCRR) with an “outperform” rating and $27 price target. The stock closed at $15.64 on March 8. TCR2 is a clinical-stage cell therapy company developing a...

Avedro

SVB Leerink starts Avedro at OP; PT $20

SVB Leerink initiated coverage of Avedro (NASDAQ:AVDR) with an “outperform” rating and $20 price target. The stock closed at $11.70 on March 8. Analyst Danielle Antalffy writes that the company’s key growth driver is...