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Fly News Breaks for March 16, 2016
OSIR
Mar 16, 2016 | 07:41 EDT
Brean Capital noted Osiris filed to delay its 10-K report, adding to its problems and putting it at risk for delisting. The firm believes the company's remedy process will take at least several quarters, especially in light of recent management changes, unreliability of its numbers and some recurring revenue numbers that will not come. Brean Capital reiterated its Sell rating and $4 price target on Osiris shares.
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