Canaccord Genuity Reiterates a 'Buy' on Amicus Therapeutics (FOLD); Catalysts in Q2 & Q3

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Canaccord Genuity reiterates a 'Buy' on Amicus Therapeutics (NASDAQ: FOLD) price target of $10.00.

Analyst, Ritu Baral, said, "Reiterate rating and price target on potential positive migalastat pivotal Fabry monoTx data Q3/12, chaperone/ERT comboTx for Fabry, Pompe. We think Q3 pivotal migalastat Fabry monoTx ‘011 trial data will be a strong positive catalyst and has a high chance of success. We also expect positive full Ph2 AT2220/ERT Pompe combo data in Q3/12."

For an analyst ratings summary and ratings history on Amicus Therapeutics click here. For more ratings news on Amicus Therapeutics click here.

Shares of Amicus Therapeutics closed at $5.76 yesterday, with a 52 week range of $2.10-$8.00.

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