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Wedbush Starts Inhibitex (INHX) at Outperform; Possible Partnership or Acquisition Candidate

July 26, 2011 7:39 AM EDT
Get Alerts INHX Hot Sheet
Price: $26.00 --0%

Rating Summary:
    5 Buy, 5 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 6 | Down: 11 | New: 25
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Wedbush initiates coverage on Inhibitex (NASDAQ: INHX) with an Outperform. PT $9.00.

Wedbush analyst says, "Our thesis centers on the conviction that Inhibitex could attract a high profile partnership or be an acquisition candidate. INHX is developing one of only two later-clinical stage HCV drug candidates in the sought-after class of nucleotides which is not owned by or partnered to big pharma."

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

Shares of Inhibitex closed at $4.27 yesterday.


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