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Canaccord Genuity Reiterates a 'Buy' on Anthera Pharma (ANTH); Looking Ahead to Other B-Mod Programs

March 19, 2012 8:51 AM EDT
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Price: $0.00 --0%

Rating Summary:
    8 Buy, 3 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 10 | Down: 12 | New: 7
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Canaccord Genuity reiterates a 'Buy' on Anthera Pharma (NASDAQ: ANTH) price target of $6.00.

Analyst, Ritu Baral, said, "Reiterate rating and price target on blisibimod clinical and commercial potential in lupus. We expect blisibimod, ANTH’s Phase 2 BAFF peptibody for lupus, will yield positive data from the PEARL trial in June and start the Phase 3 Chablis trial in early 2013. ANTH may start Phase 2 blisibimod trials in other lupus-related B cell disorders to leverage market potential and diversify clinical risk. Our $6 target is based on a pNPV analysis."

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

Shares of Anthera Pharma closed at $3.17 yesterday.


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