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Cytokinetics, Incorporated Message Board

  • shorernd shorernd Jan 9, 2013 1:50 PM Flag

    Hate to post this on an uptick but I wanted to share analyst consensus and thoughts

    Nothing has materially changed since I bought in last month but it has picked up steam for two reasons:
    1 -NY times article highlighting Biogen dropping ALS program and CYTK, is one of two other companies developing.
    2- Piper initiated coverage and a $4.00 PT made me pull up the consensus as of today..
    Lazard - $3, Needham $2.50, Canacord, JMP, and MLV all $4.00 and Dawson $2.00. no one that I know that covers has a Hold or Sell. Tirasemtiv is a long way off but on a risk reward basis, $1 is good enough for me.

    Sentiment: Buy

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CYTK
7.00+0.22(+3.24%)Aug 28 4:00 PMEDT