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UPDATE: Bank of America Downgrades Vivus as Partnering Prospects Weaken
Tuesday, February 25, 2014 - 9:12am | 210Read More...In a report published Tuesday, Bank of America analyst Steve Byrne downgraded the rating on Vivus (NASDAQ: VVUS) from Neutral to Underperform, and lowered the price target from $11.00 to $6.00. In the report, Bank of America noted, “We lowered our DCF-derived PO to $6 (from $11) and our rating to...
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UPDATE: Bank of America Reinstates Coverage on Seattle Genetics as High Expectations are Priced In
Monday, February 24, 2014 - 9:37am | 188Read More...In a report published Monday, Bank of America analyst Steve Byrne reinstated coverage on Seattle Genetics (NASDAQ: SGEN) with an Underperform rating and $46.00 price target. In the report, Bank of America noted, “We are reinstating SGEN coverage with an Underperform rating and $46 PO. We believe...
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UPDATE: Bank of America Upgrades MacroGenics on Broad Immunotherapy Pipeline
Tuesday, February 18, 2014 - 9:07am | 181Read More...In a report published Tuesday, Bank of America analyst Steve Byrne upgraded the rating on MacroGenics (NASDAQ: MGNX) from Neutral to Buy, and raised the price target from $30.00 to $50.00. In the report, Bank of America noted, “We are raising our rating to Buy (from Neutral) and our PO to $50 (...
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UPDATE: Bank of America Initiates Coverage on Karyopharm Therapeutics on Novel Cancer Platform with Broad Potential
Monday, December 2, 2013 - 10:02am | 218Read More...In a report published Monday, Bank of America analyst Steve Byrne initiated coverage on Karyopharm Therapeutics (NASDAQ: KPTI) with a Buy rating and $24.00 price target. In the report, Bank of America noted, “We are initiating coverage of Karyopharm Therapeutics (KPTI) with a Buy rating and a $24...
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UPDATE: Bank of America Merrill Lynch Initiates On Prothena On Possible Benefits of D001
Friday, November 15, 2013 - 9:11am | 181Read More...In a report published Friday, Bank of America Merrill Lynch analyst Steve Byrne initiated a Neutral rating on Prothena (NASDAQ: PRTA) and set a price target of $28.00. In the report, Bank of America Merrill Lynch says "We are initiating coverage on Prothena (PRTA), a clinical stage...
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UPDATE: Bank of America Downgrades Vivus on Weaker Partnering Prospects
Wednesday, November 6, 2013 - 10:09am | 175Read More...In a report published Wednesday, Bank of America analyst Steve Byrne downgraded the rating on Vivus (NASDAQ: VVUS) from Buy to Neutral, and lowered the price target from $17.00 to $11.00. In the report, Bank of America noted, “We are lowering our rating to Neutral (from Buy) and our PO to $11 (...
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UPDATE: Bank of America Initiates Coverage on MacroGenics on Multiple Immunotherapy Platforms
Monday, November 4, 2013 - 11:33am | 156Read More...In a report published Monday, Bank of America analyst Steve Byrne initiated coverage on MacroGenics (NASDAQ: MGNX) with a Neutral rating and $30.00 price target. In the report, Bank of America noted, “We are initiating coverage of MacroGenics (MGNX), a clinical stage oncology focused...
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UPDATE: Bank of America Raises PT on Repros Therapeutics on Higher Androxal Conviction
Wednesday, September 18, 2013 - 8:55am | 175Read More...In a report published Wednesday, Bank of America analyst Steve Byrne reiterated a Buy rating on Repros Therapeutics (NASDAQ: RPRX), and raised the price target from $25.00 to $35.00. In the report, Bank of America noted, “Following positive top line phase 3 data (study ‘302) for RPRX's Androxal,...
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UPDATE: Bank of America Downgrades MannKind Following Physician Survey
Friday, September 6, 2013 - 12:02pm | 151Read More...In a report published Friday, Bank of America analyst Steve Byrne downgraded the rating on MannKind Corporation (NASDAQ: MNKD) from Neutral to Underperform, and lowered the price target from $8.00 to $5.00. In the report, Bank of America noted, “We lowered our rating to Underperform and our PO to...
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UPDATE: Bank of America Downgrades MannKind Following Physician's Survey
Friday, September 6, 2013 - 8:44am | 125Read More...Mankind (NASDAQ: MNKD) was trending down following a report from Bank of America analyst Steve Byrne that downgraded the company from Neutral to Underperform while lowering its price objective from $8 to $5. The report cites a survey of 75 physicians to assess interest in its Afrezza drug after...
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UPDATE: Bank of America Upgrades Questcor Pharmaceuticals to Buy on Acthar Outlook
Wednesday, August 21, 2013 - 9:27am | 181Read More...In a report published Wednesday, Bank of America analyst Steve Byrne upgraded the rating on Questcor Pharmaceuticals (NASDAQ: QCOR) from Neutral to Buy, and raised the price target from $58.00 to $80.00. In the report, Bank of America noted, “Following QCOR's success in driving Acthar sales in...
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UPDATE: Bank of America Upgrades Medicines Company on Leverage
Thursday, August 15, 2013 - 9:21am | 163Read More...In a report published on Thursday, Bank of America analyst Steve Byrne upgraded Medicines Company (NASDAQ: MDCO) from Neutral to Buy and raised the price target on the company from $36 to $40. In the report, Bank of America stated, "MDCO has significantly expanded its platform of commercial and...
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UPDATE: Bank of America Downgrades BioCryst Pharmaceuticals on Valuation
Wednesday, July 31, 2013 - 8:36am | 212Read More...In a report published Wednesday, Bank of America analyst Steve Byrne downgraded BioCryst Pharmaceuticals (NASDAQ: BCRX) from Neutral to Underperform, but raised the price target from $2.00 to $3.00. In the report, Bank of America noted, “We raised our PO for BCRX to $3 (from $2) on favorable...
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UPDATE: Bank of America Initiates Repros Therapeutics with Buy on Androxal Potential
Tuesday, July 2, 2013 - 10:59am | 158Read More...In a report published Tuesday, Bank of America analyst Steve Byrne initiated coverage on Repros Therapeutics (NASDAQ: RPRX) with a Buy rating and $25.00 price target. In the report, Bank of America noted, “We are initiating on Repros Therapeutics (RPRX) with a Buy rating and $25 PO. Repros is...
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Bank of America Reiterates Buy Rating on Theravance Following Investor Meeting
Friday, June 21, 2013 - 11:35am | 159Read More...In a report published Friday, Bank of America analyst Steve Byrne reiterated a Buy rating and $48.00 price target on Theravance (NASDAQ: THRX). In the report, Bank of America noted, “In an investor meeting we hosted with THRX management, CEO Rick Winningham indicated the start of phase 3 for...

