Threshold (THLD) at 5-Year High on Analyst PT Boost, Ahead of TH-302 Presentations

March 29, 2012 10:51 AM EDT
Threshold Pharmaceuticals (Nasdaq: THLD) now at a new 52-week high following a call by Lazard Capital earlier, doubling its price target in the process. Shares moved 10 percent higher to hit $8.77,otherwise known as the highest level they're been at since June 2007.

Lazard made the call ahead of the annual AACR meeting, which will host four presentations on Threshold's TH-302. For more on the Lazard call, click here.


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