Aastrom (ASTM) Shares Holding Up as JMP Sets New Outperform Rating

September 22, 2011 12:40 PM EDT
Get Alerts ASTM Hot Sheet
Price: $2.77 --0%

Rating Summary:
    8 Buy, 3 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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JMP Securities' Jason Butler initiated coverage on shares of Aastrom Biosciences (NASDAQ: ASTM) with a Market Outperform rating and a $6 price target Thursday morning.

Amid a 3.3 percent decline in the S&P 500 index, shares of Aastrom are outperforming the broader market, potentially on the heels of JMP's new buy rating.

With the stock last trading down 2.5 percent to $2.33, JMP's new price target represents potential upside of about 158 percent.

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


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