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You're So Money: NY Judge Rules Bitcoin Qualify As 'Funds'
Tuesday, September 20, 2016 - 12:20pm | 290A New York judge ruled bitcoin qualifies as money as part of a judgment related to a case over hacking attacks against JPMorgan Chase & Co. (NYSE: JPM) and other companies, according to a report on Fortune. The report said U.S. District Judge Alison Nathan in Manhattan rejected Anthony Murgio's...
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Stifel Talks 5 Biotech Stocks
Thursday, May 14, 2015 - 12:17pm | 409Stifel analyst Brian Klein published abstracts Thursday from the 2015 ASCO annual meeting. Klein’s following comments along with current ratings were intended to provide investors with “meaningful insight into ongoing clinical activities for various investigational agents.”...
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Analysts Respond To Pharmacyclics' Q4 Results
Thursday, February 19, 2015 - 3:25pm | 242Pharmacyclics, Inc. (NASDAQ: PCYC) reported Q4 results on Wednesday and posted adjusted of EPS $0.96, above estimates of $0.76, on revenues of $290.2 million. The company also reaffirmed its fiscal 2015 outlook. JP Morgan analyst Cory Kasimov felt that the company’s long-term future...
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Stifel Terminates Coverage On Oncolytics Biotech Due To Reallocation Of Resources
Monday, February 9, 2015 - 9:35am | 71In a report published Monday, Stifel analyst Brian Klein terminated coverage on Oncolytics Biotech (NASDAQ: ONCY). In the report, Stifel noted, "Due to a reallocation of resources, we are discontinuing coverage of Oncolytics Biotech Inc. (ONCY). Our most recent rating of Hold should no longer be...
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Stifel Terminates Coverage On GTx Due To Reallocation Of Resources
Monday, February 9, 2015 - 9:34am | 69In a report published Monday, Stifel analyst Brian Klein terminated coverage on GTx, Inc. (NASDAQ: GTXI). In the report, Stifel noted, "Due to a reallocation of resources, we are discontinuing coverage of GTx Inc. (GTXI). Our most recent rating of Hold should no longer be used as an indicator for...
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Stifel Initiates Coverage On Proteon Therapeutics
Monday, November 17, 2014 - 11:49am | 249Stifel initiated coverage on Proteon Therapeutics Inc (NASDAQ: PRTO) Monday with a Buy rating and $17 price target. Analysts led by Brian Klein commented that "Proteon is set to enter the growing ESRD market with lead Phase 3 product PRT-201, in development to reduce vascular access...
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UPDATE: Stifel Reiterates On Clovis Oncology Following 3Q14 LPS
Friday, November 7, 2014 - 9:33am | 135In a report published Friday, Stifel analyst Brian Klein reiterated a Buy rating on Clovis Oncology (NASDAQ: CLVS), and raised the price target from $50.00 to $75.00. In the report, Stifel noted, “Clovis reported a 3Q14 LPS of $(1.17) vs. our estimate of $(1.11); delta due to higher R&D expense...
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Stifel Raises Medivation Inc Price Target
Thursday, September 11, 2014 - 8:32am | 147Analysts at Stifel raised their price target on shares on Medivation Inc (NASDAQ: MDVN) to $112 from $89 on Thursday. On Wednesday, The FDA Approved Medivation’s Xtandi broadened label to expand treatment to metastatic castrate resistant prostate cancer (mCRPC) prior to chemotherapy....
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UPDATE: Stifel Upgrades Clovis Oncology On Favorable Risk/Reward
Thursday, June 5, 2014 - 10:38am | 145In a report published Thursday, Stifel analyst Brian Klein upgraded the rating on Clovis Oncology (NASDAQ: CLVS) from Hold to Buy, and named a $50.00 price target. In the report, Stifel noted, “Following the significant pull-back of ~60% from recent highs, we believe Clovis now presents with...
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UPDATE: Stifel Downgrades Synta Pharmaceuticals as GALAXY-2 Adjustments Further Diminish Likelihood For Success
Wednesday, March 12, 2014 - 8:13am | 79In a report published Wednesday, Stifel analyst Brian Klein downgraded the rating on Synta Pharmaceuticals (NASDAQ: SNTA) from Hold to Sell. In the report, Stifel noted, “SNTA reported 4Q13 LPS of $(0.31), in line with our $(0.32) estimate. Due to further delayed data readouts, changes in clinical...
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UPDATE: Stifel Initiates Coverage on Celladon as Novel Gene Therapy Could Revolutionize Heart Failure Treatment
Monday, February 24, 2014 - 11:02am | 86In a report published Monday, Stifel analyst Brian Klein initiated coverage on Celladon (NASDAQ: CLDN) with a Buy rating and $16.00 price target. In the report, Stifel noted, “We are initiating coverage of Celladon Corporation (CLDN) with a Buy rating and $16 target price. Mydicar is a one-time...
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UPDATE: Stifel Initiates Coverage on Sarepta Therapeutics on Attractive Investment Opportunity
Friday, September 6, 2013 - 10:05am | 133In a report published Friday, Stifel analyst Brian Klein initiated coverage on Sarepta Therapeutics (NASDAQ: SRPT) with a Buy rating and $51.00 price target. In the report, Stifel noted, “We are initiating coverage of Sarepta Therapeutics (SRPT) with a Buy rating and $51 target price, as we...
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UPDATE: Stifel Initiates Coverage on Clovis Oncology, Awaiting More Attractive Entry Point
Friday, September 6, 2013 - 10:05am | 163In a report published Friday, Stifel analyst Brian Klein initiated coverage on Clovis Oncology (NASDAQ: CLVS) with a Hold rating. In the report, Stifel noted, “While we view the early-stage clinical data for CO-1686 as encouraging, we believe the available dataset does not warrant the company's...
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UPDATE: Stifel Nicolaus Initiates Esperion Therapeutics at Buy on ETC-1002 Potential
Monday, July 22, 2013 - 8:48am | 216In a report published Monday, Stifel Nicolaus analyst Brian Klein initiated coverage on Esperion Therapeutics (NASDAQ: ESPR) with a Buy rating and $24.00 price target. In the report, Stifel Nicolaus noted, “We view ETC-1002 as an impressive cholesterol lowering agent that directly targets...