SunTrust Starts Otonomy (OTIC) at Buy

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UPDATE: Cowen Starts Otonomy (OTIC) at Outperform

February 4, 2015 7:12 AM EST

(Updated - February 4, 2015 9:18 AM EST)

Cowen initiated coverage on Otonomy (NASDAQ: OTIC) with an Outperform rating and a price target of $55.00. Analyst Ken Cacciatore thinks its technology for ear disorders will create "significant value."

"Our rating is predicated on... More