Heron Therapeutics is trading near its 52-week low and the timeline for resolution of HTX-011's Complete Response Letter remains the key focus for investors, Jefferies analyst Biren Amin tells investors in a research note. By the analyst's estimate, a re-filing could happen in late September or early October, tracking towards a Q2 of 2020 launch. Heron shares could be back to the low $20s with a near-term re-filing announcement, says Amin. He keeps a Buy rating on the name with a $37 price target.
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These names in the biotech sector are seeing a substantial increase in search activity today, as determined by InvestingChannel. They include: Biohaven Pharmaceutical... To see the rest of the story go to thefly.com. See Story Here