Brean Murray Carret & Co. Starts Ventrus Biosciences (VTUS) at Buy; Strong Clinical Data Weeks Away

June 14, 2012 7:33 AM EDT Send to a Friend
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Price: $2.21 +0.91%

Rating Summary:
    7 Buy, 0 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 12 | Down: 19 | New: 22
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Brean Murray Carret & Co. initiates coverage on Ventrus Biosciences (NASDAQ: VTUS) with a Buy. PT $30.00.

Analyst, Jonathan Aschoff, said, "We believe that VEN 309 has blockbuster potential, given its proven efficacy, large target and the lack of competitive prescription hemorrhoid drugs...Ventrus is focused on developing drugs for gastrointestinal indications. The company's lead drug candidate, VEN 309, has completed several Phase 2 trials in patients with hemorrhoids, and within weeks, Phase 3 data will be released that we believe will support approval."

For an analyst ratings summary and ratings history on Ventrus Biosciences click here. For more ratings news on Ventrus Biosciences click here.

Shares of Ventrus Biosciences closed at $10.04 yesterday, with a 52 week range of $6.64-$16.30.


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