Canaccord Genuity Downgrades Æterna Zentaris (AEZS) to Hold

April 2, 2012 1:40 PM EDT
Get Alerts AEZS Hot Sheet
Price: $5.72 --0%

Rating Summary:
    4 Buy, 3 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Canaccord Genuity downgraded shares of Æterna Zentaris (NASDAQ: AEZS) from Speculative Buy to Hold Monday afternoon following news trials of Keryx's KRX-0401 with Xeloda did not meet Phase 3 endpoints. The firm's price target was slashed from $3.50 to just $0.80.

Shares of AEterna Zentaris are down nearly 65 percent this afternoon.

For an analyst ratings summary and ratings history on Æterna Zentaris click here. For more ratings news on Æterna Zentaris click here.


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