DURECT Corp (DRRX) Tops Q4 EPS by 1c

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UPDATE: Cantor Fitzgerald Upgrades Durect Corp (DRRX) to Buy on Attractiveness of Pipeline Asset

March 3, 2015 6:37 AM EST

(Updated - March 3, 2015 10:27 AM EST)

Cantor Fitzgerald upgraded Durect Corp (NASDAQ: DRRX) from Hold to Buy with a price target of $2.00. Analyst Irina Rivkind Koffler pointed to recent news on DUR-928, a Phase I pipeline asset.

"Durect announced an interesting Phase I pipeline asset and we are giving DRRX another $1.00/share... More