RBC Capital Downgrades ArQule (ARQL) to Sector Perform

October 3, 2012 10:59 AM EDT
Get Alerts ARQL Hot Sheet
Price: $20.00 --0%

Rating Summary:
    7 Buy, 7 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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RBC Capital downgraded ArQule (NASDAQ: ARQL) from Outperform to Sector Perform with a price target of $6.00 (from $11.00) after the company announced the discontinuation of Phase 3 MARQUEE clinical trial in NSCLC on Tuesday.

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

Shares of ArQule closed at $2.18 yesterday.


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