Analyst Cautiously Optimistic on ISIS (ISIS) SMN (Rx)
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Price: $57.56 --0%
Rating Summary:
7 Buy, 8 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
7 Buy, 8 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Leerink Swann today maintained a Market Perform rating on ISIS Pharmaceuticals (NASDAQ: ISIS) and boosted its price target to $18.00 (from $14.00). Analyst Joseph P. Schwartz said he believes that uncontrolled Phase I data for ISIS-SMN presented at the Annual American Academy of Neurology (AAN) meeting contained no surprises.
The raised price target reflects increased in the probability of success for SMN-Rx and TTR-Rx (both advancing to Phase III) to 85% from 33%.
For an analyst ratings summary and ratings history on ISIS Pharmaceuticals click here. For more ratings news on ISIS Pharmaceuticals click here.
Shares of ISIS Pharmaceuticals closed at $17.84 yesterday.
The raised price target reflects increased in the probability of success for SMN-Rx and TTR-Rx (both advancing to Phase III) to 85% from 33%.
For an analyst ratings summary and ratings history on ISIS Pharmaceuticals click here. For more ratings news on ISIS Pharmaceuticals click here.
Shares of ISIS Pharmaceuticals closed at $17.84 yesterday.
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