Bulls Stand by Unilife Corporation (UNIS); Jefferies Boosts PT to $6

December 4, 2013 11:59 AM EST
Get Alerts UNIS Hot Sheet
Price: $2.49 +4.18%

Rating Summary:
    4 Buy, 3 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 0
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Despite two separate short seller reports on Unilife Corporation (NASDAQ: UNIS) today, the bulls are sticking by the stock.

Earlier today, Jefferies analyst Raj Denhoy reiterated his Buy rating and raised his price target from $3.50 to $6.

"With the list of announced deals with blue chip companies seeming to grow by the day, Unilife finally appears to be delivering on its promises," Denhoy said. "With increasing visibility on revenues and with management credibility on the rise, shares should keep working."

For an analyst ratings summary and ratings history on Unilife Corporation click here. For more ratings news on Unilife Corporation click here.

Shares of Unilife Corporation closed at $4.84 yesterday.

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