UPDATE: UBS Starts Obalon Therapeutics (OBLN) at Buy

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UPDATE: Stifel Starts Obalon Therapeutics (OBLN) at Buy

October 31, 2016 7:54 AM EDT

(Updated - October 31, 2016 8:42 AM EDT)

Stifel initiated coverage on Obalon Therapeutics (NASDAQ: OBLN) with a Buy rating and a price target of $18.

Analyst Rick Wise said, "This target ascribes a 4.5x EV/R multiple applied to our 2020E, $96M revenue projection, discounted 18%... More

Canaccord Genuity Starts Obalon Therapeutics (OBLN) at Buy

October 31, 2016 7:54 AM EDT

Canaccord Genuity initiated coverage on Obalon Therapeutics (NASDAQ: OBLN) with a Buy rating and a price target of $17.00.

For an analyst ratings summary and ratings history on Obalon Therapeutics click here. For more ratings news on Obalon Therapeutics click here.

Shares of Obalon Therapeutics closed at $13.80 yesterday.

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BTIG Starts Obalon Therapeutics (OBLN) at Buy

October 31, 2016 7:53 AM EDT

BTIG initiated coverage on Obalon Therapeutics (NASDAQ: OBLN) with a Buy rating and a price target of $20.

Analyst Sean Lavin said, "The obesity market is huge and growing. Technologies, surgeries, and pharmaceuticals prior to intragastric balloons have either been ineffective, unsafe, too... More