Baird Starts Trius Therapeutics (TSRX) at Outperform; High Quality, De-Risked Story

December 23, 2011 7:00 AM EST
Get Alerts TSRX Hot Sheet
Price: $13.63 --0%

Rating Summary:
    10 Buy, 3 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Baird initiates coverage on Trius Therapeutics (NASDAQ: TSRX) with an Outperform. PT $13.00.

Baird analyst says, "We view TSRX as a very high quality company and recently de-risked story. Lead product tedizolid has a good chance to achieve a differentiated profile and carve-out a nice place in the MRSA hospital infections market. The Phase 3 update 12/19 was a positive and critical de-risking event, and the stock still offers an excellent entry point and potential for significant value creation over a multi-year period."

For an analyst ratings summary and ratings history on Trius Therapeutics click here. For more ratings news on Trius Therapeutics click here.

Shares of Trius Therapeutics closed at $6.75 yesterday.


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Robert W Baird