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Canaccord Genuity maintains a 'Hold' on AspenBio Pharma (APPY); Several Moving Parts

June 1, 2012 8:28 AM EDT
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Price: $3.94 --0%

Rating Summary:
    0 Buy, 3 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
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Canaccord Genuity maintains a 'Hold' on AspenBio Pharma (NASDAQ: APPY) price target of $2.50.

Analyst, Jeffrey Frelick, said, "We maintain our rating on AspenBio Pharma as we await some visibility into its pivotal trial. APPY recently filed an S-1, highlighting its intention on a capital raise, 1-for-6 reverse stock split, and a business update."

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

Shares of AspenBio Pharma closed at $0.45 yesterday.


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