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JMP Securities Boosts Price Target on Vivus (VVUS) to $45

February 23, 2012 7:42 AM EST
Get Alerts VVUS Hot Sheet
Price: $0.47 --0%

Rating Summary:
    3 Buy, 6 Hold, 4 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 9 | Down: 8 | New: 10
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JMP Securities lifted its price target on Vivus (NASDAQ: VVUS) from $16 to $45 while reiterating their Market Outperform rating following FDA panel backing for Qnexa.

The firm has high confidence that will get approved by April 17 PDUFA date.

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

Shares of Vivus closed are up 114% percent to $22.55 in pre-open action Thursday.


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