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NDRM

NeuroDerm

$18.58

-0.17 (-0.91%)

08:30
10/10/16
10/10
08:30
10/10/16
08:30

NeuroDerm Parkinson's approach remains underappreciated, says Cowen

Cowen analyst Ken Cacciatore noted NeuroDerm is developing an alternative product for moderate-to-severe Parkinson's patients. The drug is being developed as a suitable alternative prior to other more invasive options and clinicians are beginning to recognize the potential significant benefits. Cacciatore said he believes the approach remains dramatically underappreciated and reiterated his Outperform rating and $30 price target on NeuroDerm shares.

NDRM NeuroDerm
$18.58

-0.17 (-0.91%)

11/10/15
RAJA
11/10/15
INITIATION
Target $28
RAJA
Outperform
NeuroDerm initiated with an Outperform at Raymond James
Target $28.
11/11/15
11/11/15
INITIATION

On The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Albemarle (ALB) initiated with a Neutral at UBS... Ares Management (ARES) reinstated with an Overweight at JPMorgan... Cablevision (CVC) initiated with a Neutral at SunTrust... Canadian Solar (CSIQ) initiated with an Overweight at Morgan Stanley... Carriage Services (CSV) initiated with an Outperform at Oppenheimer... Charter (CHTR) initiated with a Buy at SunTrust... Cognex (CGNX) initiated with a Market Perform at FBR Capital... Comcast (CMCSA) initiated with a Neutral at SunTrust... CubeSmart (CUBE) initiated with a Buy at BB&T... Extra Space Storage (EXR) initiated with an Underweight at BB&T... FARO Technologies (FARO) initiated with a Market Perform at FBR Capital... IPG Photonics (IPGP) initiated with an Outperform at FBR Capital... NeuroDerm (NDRM) initiated with an Outperform at Raymond James... Perceptron (PRCP) initiated with an Outperform at FBR Capital... Proteon Therapeutics (PRTO) initiated with an Outperform at Raymond James... Public Storage (PSA) initiated with an Underweight at BB&T... Pure Storage (PSTG) initiated with a Neutral at Sterne Agee CRT... Service Corp. (SCI) initiated with an Outperform at Oppenheimer... Sovran Self Storage (SSS) initiated with a Buy at BB&T... Time Warner Cable (TWC) initiated with a Neutral at SunTrust.
05/27/16
ROTH
05/27/16
NO CHANGE
Target $27.5
ROTH
Buy
NeuroDerm technology still underappreciated, says Roth Capital
Roth Capital analyst Scott Henry believes NeuroDerm could have a more "safe and efficacious" treatment for moderate to severe Parkinson's disease based on the potential for more consistent dosing of levodopa. The company's technology is still "underappreciated" by investors at this point in time, Henry notes. He reiterates a Buy rating and $27.50 price target on the shares.

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ORC

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AEP

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$269.45

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SIX

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ANY

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