Mon, May 28, 2012, 8:52 PM EDT - U.S. Markets closed for Memorial Day

YM Biosciences recent weakness creates buying opportunity, says Wells Fargo

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SymbolPriceChange
YMI2.140.04

Wells Fargo believes that investors are failing to recognize the potential of YM's lead drug as a treatment for indications other than myelofibrosis. However, the firm believes that YM is undervalued based on the drug's potential in myelofibrosis alone, and it maintains an Outperform rating on the stock.

 

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