Benchmark Sets Columbia Labs (CBRX) Rating at Speculative Buy

September 2, 2011 8:10 AM EDT
Get Alerts CBRX Hot Sheet
Price: $13.49 -11.77%

Rating Summary:
    1 Buy, 0 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Benchmark changed its rating on Columbia Labs (NASDAQ: CBRX) from Buy to Speculative Buy to reflect its new rating system. There is no change to the firm's $7 price target.

The firm said, "The Speculative rating reflects the previously disclosed binary risk of this investment and does not imply any change in our view f Columbia’s investment potential."

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

Shares of Columbia Labs closed at $2.29 yesterday.


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