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UPDATE: Canaccord Genuity Initiates Coverage on Mast Therapeutics on MST-188 Potential
Thursday, October 3, 2013 - 9:32am | 120In a report published Thursday, Canaccord Genuity analyst Ritu Baral initiated coverage on Mast Therapeutics (NYSE: MSTX) with a Buy rating and $3.00 price target. In the report, Canaccord Genuity noted, “Initiating coverage with BUY rating, $3.00 target on MST-188 potential in sickle cell disease...
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UPDATE: Canaccord Genuity Initiates Coverage on Regado Biosciences on Strong REG1 Potential
Monday, September 16, 2013 - 9:08am | 133In a report published Monday, Canaccord Genuity analyst Ritu Baral initiated coverage on Regado Biosciences (NASDAQ: RGDO) with a Buy rating and $14.00 price target. In the report, Canaccord Genuity noted, “We see REG1 as a highly innovative new anticoagulant that could improve outcomes across a...
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Avanir Shares Rebound As Analysts Offer Defense On Heels of 13% Drop
Thursday, September 12, 2013 - 4:26pm | 246Avanir Pharmeceuticals (NASDAQ: AVNR) stock plummeted yesterday after Gravity Research said Avanir, “engaged in illegal off-label marketing of Nuedexta,” and recommended a strong Sell. Shares closed at $4.79 on Wednesday, a 13 percent decrease. This was the biggest drop of AVNR in three years...
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UPDATE: Canaccord Genuity Downgrades Vical Following Allovectin Failure
Tuesday, August 13, 2013 - 9:32am | 93In a report published Tuesday, Canaccord Genuity analyst Ritu Baral downgraded Vical (NASDAQ: VICL) from Buy to Hold, and lowered the price target from $7.00 to $1.40. In the report, Canaccord Genuity noted, “Lowering to HOLD, $1.40 target on Allovectin Ph3 failure and program halt. We still...
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UPDATE: Canaccord Genuity Downgrades Optimer Pharmaceuticals Following Merger Proposal
Wednesday, July 31, 2013 - 8:21am | 119In a report published Wednesday, Canaccord Genuity analyst Ritu Baral downgraded Optimer Pharmaceuticals (NASDAQ: OPTR) from Buy to Hold, and lowered the price target from $22.00 to $13.00. In the report, Canaccord Genuity noted, “Lowering to HOLD, $13 target on the expectation of proposed...
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Canaccord Genuity Reiterates Buy on Cytokinetics on CK357 Potential
Wednesday, June 26, 2013 - 11:07am | 120In a report published Wednesday, Canaccord Genuity analyst Ritu Baral reiterated a Buy rating and $22.00 price target on Cytokinetics (NASDAQ: CYTK). In the report, Canaccord Genuity noted, “Reiterate BUY; $22 target on potential of CK357 in ALS and AMGN-partnered omecamtiv in heart failure. We...