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ETRM

EnteroMedics

$0.10

-0.0054 (-4.90%)

12:43
10/13/16
10/13
12:43
10/13/16
12:43

EnteroMedics urges shareholders to vote for proposed amendments

EnteroMedics urged shareholders of record at the close of business on September 14, 2016 to vote FOR all of the management proposals at the upcoming special meeting of shareholders, to be held on Wednesday, October 19, 2016. "Each of the management proposals is an important element of EnteroMedics' plan to maintain its listing on the The Nasdaq Capital Market and fund its future operations and development," the company said in a statement. "EnteroMedics' future opportunities include its recently announced distribution agreement to supply vBloc Therapy to U.S. veterans at VA facilities at little to no cost to veterans in accordance with their veterans' health benefits."

  • 19

    Oct

ETRM EnteroMedics
$0.10

-0.0054 (-4.90%)

06/09/16
ROTH
06/09/16
DOWNGRADE
Target $0.5
ROTH
Neutral
EnteroMedics downgraded to Neutral from Buy at Roth Capital
Roth Capital analyst Chris Lewis downgraded EnteroMedics to Neutral from Buy, saying that while he believes the company's vBloc therapy can still become a viable tool within the obesity treatment paradigm over the longer-term, he is scaling back his utilization assumptions over the coming years as EnteroMedics works towards securing expanded reimbursement. Lewis lowered his price target on the shares to 50c from $3.

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