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VLRX

Valeritas

$2.85

0.12 (4.40%)

07:54
07/09/19
07/09
07:54
07/09/19
07:54

Valeritas price target raised to $12 from $1.25 at Oppenheimer

Oppenheimer analyst Steven Lichtman raised his price target for Valeritas to $12 from $1.25 reflecting the Q2 1-for-20 reverse stock split. The analyst reiterates an Outperform rating on the shares.

VLRX Valeritas
$2.85

0.12 (4.40%)

12/04/18
BTIG
12/04/18
INITIATION
Target $1
BTIG
Buy
Valeritas initiated with a Buy at BTIG
BTIG analyst Sean Lavin initiated Valeritas with a Buy rating and a price target of $1.00. The analyst is positive on the "simple design, low cost, and demonstrated clinical benefits" of its V-Go basal-bolus insulin pump and believes that the company is in the best shape since it launched the product in 2012, having met its capital needs for the next 2-3 years with the recent capital raise. Lavin adds that the selling strategy of Valeritas is gaining momentum while its gross margins are expanding.

TODAY'S FREE FLY STORIES

NUS

Nu Skin

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1.44 (3.27%)

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VEGPF

Vectura Group

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TWTR

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CSII

Cardiovascular Systems

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VEGPF

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WFC

Wells Fargo

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VMW

VMware

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SMMT

Summit Therapeutics

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GHSI

Guardion Health Sciences

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DPZ

Domino's Pizza

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PSTI

Pluristem

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0.0319 (5.87%)

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GS

Goldman Sachs

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ACIU

AC Immune

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0.1 (1.81%)

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ANIX

Anixa Biosciences

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BRKR

Bruker

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NCNA

NuCana

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CHOOF

Choom Holdings

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PNC

PNC Financial

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PNC

PNC Financial

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JLL

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USB

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KBH

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BAC

Bank of America

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CMA

Comerica

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0.39 (0.55%)

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