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TNXP

Tonix Pharmaceuticals

$4.19

0.13 (3.20%)

17:32
09/15/17
09/15
17:32
09/15/17
17:32

Tonix Pharmaceuticals requests withdrawal of registration statement

Tonix Pharmaceuticals is seeking withdrawal of the Registration Statement, File No. 333-219930, because the company does not meet the eligibility requirements for the use of Form S-3 at this time. The Registration Statement has not been declared effective by the Commission, and the company confirms that no securities were sold in connection with the offering contemplated by the Registration Statement.

TNXP Tonix Pharmaceuticals
$4.19

0.13 (3.20%)

08/22/17
DRXL
08/22/17
INITIATION
Target $9
DRXL
Buy
Tonix Pharmaceuticals initiated with a Buy at Drexel Hamilton
Drexel Hamilton initiated Tonix Pharmaceuticals with a Buy and a $9 price target.
08/18/17
08/18/17
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. United Rentals (URI) upgraded to Buy from Hold at Stifel with analyst Stanley Elliott saying that the company's acquisition of Neff (NEFF) increases his confidence in its outlook and leaves it better positioned to exploit favorable demand trends. 2. Tonix Pharmaceuticals (TNXP) upgraded to Buy from Neutral at Roth Capital with analyst Scott Henry believes Tonix's current valuation does not reflect the potential of the Tonmya program to treat PTSD and said the company has the cash runway to reach pivotal data readout in both first half 2018 and second half 2018. 3. Quanta Services (PWR) and MasTec (MTZ) were upgraded to Buy from Neutral at Citi. 4. Howard Bancorp (HBMD) upgraded to Overweight from Equal Weight at Stephens with analyst Austin Nicholas saying the in-market acquisition of 1st Mariner strategically deploys Howard's excess capital, creating the #1 community bank in Baltimore. 5. Myriad Genetics (MYGN) upgraded to Hold from Sell at Deutsche Bank with analyst Dan Leonard saying the risk/reward is now balanced following the company's weaker than expected FY18 outlook. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
08/18/17
ROTH
08/18/17
UPGRADE
ROTH
Buy
Tonix Pharmaceuticals upgraded to Buy on valuation at Roth Capital
As previously reported, Roth Capital upgraded Tonix to Buy from Neutral with a price target of $6. Analyst Scott Henry believes Tonix's current valuation does not reflect the potential of the Tonmya program to treat PTSD and said the company has the cash runway to reach pivotal data readout in both first half 2018 and second half 2018. Additionally, the analyst said the AtEase trial has a reasonable chance for success with the higher 5 6 mg dose.
08/18/17
ROTH
08/18/17
UPGRADE
ROTH
Buy
Tonix Pharmaceuticals upgraded to Buy from Neutral at Roth Capital

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