Friedman Billings Downgrades Progenics Pharma (PGNX) to Underperform

July 2, 2008 8:38 AM EDT

Friedman Billings downgrades Progenics Pharmaceuticals (Nasdaq: PGNX) from Market Perform to Underperform with a $12 price target.

Progenics Pharmaceuticals, Inc., a biopharmaceutical company, engages in the development and commercialization of therapeutic products to treat debilitating conditions and life-threatening diseases in the United States and internationally.


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