Aegis Capital Starts CohBar (CWBR) at Buy
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Price: $0.41 --0%
Rating Summary:
7 Buy, 0 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 20
Rating Summary:
7 Buy, 0 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 20
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Aegis Capital analyst Nathan Weinstein initiates coverage on CohBar (NASDAQ: CWBR) with a Buy rating and a price target of $6.00.
Analyst says: "based on a discounted cash flow analysis which credits future potential revenue of CB4211 in NASH and obesity, while treating other assets and indications as option value at this time. Our model utilizes a 20% discount rate, and a PoS handicap for conservatism."
For an analyst ratings summary and ratings history on CohBar click here. For more ratings news on CohBar click here.
Shares of CohBar closed at $1.44 yesterday.
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