Neuralstem (CUR) Tops Q2 EPS by 1c

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Neuralstem (CUR) PT Cut to $4 at Brean Capital, 'Buy' Maintained

August 12, 2016 9:51 AM EDT

Brean Capital analyst Jonathan Aschoff lowered his price target on Neuralstem (NASDAQ: CUR) to $4.00 (from $8.00) following Q2 results but maintained a Buy rating as cost savings plan is in place and as the 189 trial is enrolling.

Aschoff commented, "Neuralstem continues to enroll patients into the multi-site Phase 2 trial (n=220) with... More