Athersys (ATHX) Tops Q2 EPS by 1c

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Athersys (ATHX) PT Raised to $12 at Maxim Group

August 10, 2017 7:28 AM EDT

Maxim Group raised its price target on Athersys (NASDAQ: ATHX) to $12.00 (from $9.00) while maintaining a Buy rating.

Analyst Jason Kolbert highlights:

Athersys reported 2Q17 spending of $5.7M in cash and ended the period with $28.6M in cash on the balance sheet.As a review, recall that Athersys announced that the MASTERS-2 study has received a Final... More