Ladenburg Thalmann Upgrades Chelsea Therapeutics (CHTP) to Buy

October 1, 2009 12:52 PM EDT

Ladenburg Thalmann upgrades Chelsea Therapeutics (Nasdaq: CHTP) to Buy, also setting a $5 price target.

The upgrade follows news earlier that additional analysis on Droxidopa confirmed a significant symptomatic benefit. Shares have rallied more than 24% today on the news.

To see all the analyst action on shares of Chelsea, visit our Analyst Ratings page.

Chelsea Therapeutics International, Ltd., a development stage pharmaceutical company, focuses on the acquisition, development, and commercialization of pharmaceutical products for the treatment of various human diseases.


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