Canaccord Genuity Reiterates a 'Hold' on AspenBio Pharma (APPY); Clinical Timelines Updated

June 21, 2011 8:27 AM EDT
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Price: $3.94 --0%

Rating Summary:
    0 Buy, 3 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 12 | Down: 15 | New: 40
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Canaccord Genuity reiterates a 'Hold' on AspenBio Pharma (NASDAQ: APPY), $0.50 PT.

Canaccord analyst, Jeffrey Frelick, said, "We maintain our rating on APPY at this time as we await data from an internal validation study on the AppyScore rapid test. We believe AspenBio Pharma could benefit from a large market opportunity by introducing the first diagnostic test for appendicitis."

For more ratings news on AspenBio Pharma click here and for the rating history of AspenBio Pharma click here.

Shares of AspenBio Pharma closed at $0.66 yesterday.


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