AcelRx Pharma (ACRX) Posts Suprise Q3 Profit

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Jefferies Asumes, Upgrades AcelRx Pharmaceuticals (ACRX) to Buy

October 30, 2015 7:22 AM EDT

Jefferies assumes, upgraded AcelRx Pharmaceuticals (NASDAQ: ACRX) from Hold to Buy with a price target of $7.00 (from $3.50).

Analyst Hugo Ong commented, "We are upgrading ACRX to a Buy (v. Hold previously) with a $7 PT (v. $3.50 previously), shifting our focus to ARX-04. While... More