Jefferies Starts Zynerba Pharmaceuticals (ZYNE) at Buy

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Piper Jaffray Starts Zynerba Pharmaceuticals (ZYNE) at Overweight

August 31, 2015 6:25 AM EDT

Piper Jaffray initiates coverage on Zynerba Pharmaceuticals (NASDAQ: ZYNE) with a Overweight rating and a price target of $42.00, saying the differentiated cannabinoid platform could drive near term value creation.

Analyst Charles Duncan commented, "Zynerba is developing novel transdermal formulations of the cannabinoid drug candidates... More