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Analyst Sees Inhibitex's (INHX) INX-189 as Increasing Chances for Partnership, Acquisition

January 6, 2012 3:07 PM EST
Get Alerts INHX Hot Sheet
Price: $26.00 --0%

Rating Summary:
    5 Buy, 5 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 16 | Down: 11 | New: 13
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Shares of Inhibitex (Nasdaq: INHX) spiked over the $10 level earlier Friday as Noble Financial's Nathan Cali made some positive comments on the stock in a mid-day research note.

Cali believes the company's INX-189 increases the chance of a "lucrative" partnership deal or even acquisition.

After initially jumping more than 4 percent following the release of the note, Inhibitex shares are now flirting with the $10 level. Shares are up 3.7 percent to $9.99 at last check.


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