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Canaccord Genuity Reiterates a 'Buy' on Anthera Pharma (ANTH); ISTA, PEARL Interims Expected Mid-to-late March

February 22, 2012 10:11 AM EST
Get Alerts ANTH Hot Sheet
Price: $0.00 --0%

Rating Summary:
    8 Buy, 3 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 12 | Down: 15 | New: 40
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Canaccord Genuity reiterates a 'Buy' on Anthera Pharma (NASDAQ: ANTH) price target of $13.00.

Analyst, Ritu Baral, said, "Reiterating rating and price target on good chance of blisibimod Phase 2/3 lupus success and positive Phase 3 varespladib acute coronary syndrome (ACS) data in 2012. Blisibimod is ANTH’s Phase 2/3 BAFF peptibody for lupus, which we think will yield positive data from the ongoing PEARL-SC trial mid 2012. We also think sPLA2 inhibitor varespladib will show meaningful benefit in post-ACS CV risk in H2/12 from the ongoing VISTA-16 trial."

For an analyst ratings summary and ratings history on Anthera Pharma click here. For more ratings news on Anthera Pharma click here.

Shares of Anthera Pharma closed at $7.37 yesterday.


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