How can snss be up .15 cents and there is no volume?
Stock is up due to Leerink Swann initiating this morning with an outperform rating and $7 price target. The haave 3 different scenraios depending on year of approval, one gets a $7 target (base) the next an $11 target and the third a $13-$14 target
I assume that the 13-14 target is with unblinding now due to efficacy,
11 target if going to 2014 and sample size adjustment
7 if study continues to 2013 for unblinding?
Clarification on these three targets would be greatly appreciated.
Premarket buys and sells. Bid of 3.30/Ask 3.34. Means nothing until the markets open but expect us to close over 3.25 today.
Not much new on the investor call today but maybe a few more institutions taking notice.
Sentiment: Strong Buy