Cerulean Reports Fourth Quarter 2015 Corporate Highlights and Financial Results

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Leerink Partners Cuts Price Target on Cerulean Pharma (CERU) to $8; Reiterates Outperform

March 11, 2016 7:20 AM EST

Leerink Partners maintained an Outperform rating on Cerulean Pharma (NASDAQ: CERU), and cut the price target to $8.00 (from $10.00), following the company's 4Q.

Analyst Michael Schmidt commented, "CERU reported 4Q results and provided an update on its clinical nanoparticle drug-conjugate (NDC) pipeline consisting of... More