BMO Cuts Cardiome Pharma (CRME) to Market Perform Amid Vernakalant News

March 19, 2012 11:38 AM EDT
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Price: $2.33 --0%

Rating Summary:
    8 Buy, 2 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 2 | Down: 6 | New: 5
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An analyst at BMO Capital downgraded shares of Cardiome Pharma (NASDAQ: CRME) from Outperform to Market Perform Monday morning following news Merck (NYSE: MRK) has discontinued further development of vernakalant. Shares of Cardiome are down nearly 54 percent amid the news.

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


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