Information Provided By:
Fly News Breaks for October 16, 2018
ABUS
Oct 16, 2018 | 04:55 EDT
B. Riley FBR analyst Madhu Kumar upgraded Arbutus Biopharma to Buy while lowering his price target for the shares to $9 from $11.50. The recent weakness in the shares undervalues the company's hepatitis B virus platform, Kumar tells investors in a research note.