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Cerulean Pharma (CERU) Says CRLX101 Combo Phase 2 Missed Primary Endpoint

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Wedbush Downgrades Cerulean Pharma (CERU) to Neutral

August 18, 2016 2:58 PM EDT

Wedbush earlier downgraded Cerulean Pharma (NASDAQ: CERU) from Outperform to Neutral with a price target of $1.00 (from $9.00).

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

Shares of Cerulean Pharma closed at $2.74 yesterday.

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Leerink Partners Downgrades Cerulean Pharma (CERU) to Market Perform

August 18, 2016 7:29 AM EDT

Leerink Partners downgraded Cerulean Pharma (NASDAQ: CERU) from Outperform to Market Perform with a price target of $1.50 (from $8.00). The change follows disappointed CRLX-101 trial results.

"We are downgrading CERU to MP following the failure of lead product candidate CRLX-101 (camptothecin nanoparticle-drug conjugate/NDC) in a... More

Janney Montgomery Scott Downgrades Cerulean Pharma (CERU) to Neutral

August 18, 2016 6:32 AM EDT

Janney Montgomery Scott downgraded Cerulean Pharma (NASDAQ: CERU) from Buy to Neutral with a price target of $1.00 (from $6.00).

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

Shares of Cerulean Pharma closed at $2.74 yesterday.

... More

Roth Capital Cuts PT on Cerulean Pharma (CERU) to $2.50 Following CRLX101 Combo Phase 2 Data

August 18, 2016 6:29 AM EDT

Roth Capital cuts its price target on Buy-rated Cerulean Pharma (Nasdaq: CERU) from $9 to $2.50 after the company announced top-line results from the Companys Phase 2, randomized, multi-center clinical trial of its lead candidate, CRLX101, in combination with Avastin (bevacizumab) in the treatment of patients with advanced renal cell carcinoma (RCC).

Analyst Joseph Pantginis commented, HIF directed studies will be terminated and the topoisomerase directed studies will become the primary focus. CERU... More