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Synthetic Biologics Inc (SYN) [hlAlert]

Rating:
Buy SYN
up 30.58 %

Synthetic Biologics Inc (SYN) rated Buy with price target $2.25 by Ascendiant Capital Markets

Posted on: Tuesday,  Jun 25, 2013  8:25 AM ET by Ascendiant Capital Markets

Ascendiant Capital Markets rated Buy Synthetic Biologics Inc (AMEX: SYN) on 06/25/2013, when the stock price was $1.70.
Since then, Synthetic Biologics Inc has gained 30.59% as of 08/25/2015's recent price of $2.22.
If you would have followed this Ascendiant Capital Markets's recommendation on SYN, you would have gained 30.58% of your investment in 791 days.

Adeona Pharmaceuticals, Inc. (Adeona) is a development-stage, specialty pharmaceutical company that is developing late-stage drug candidates for the treatment of opththalmic, neurologic and autoimmune diseases. The Company is a specialty pharmaceutical company that is preparing to commercialize a series of products for the prevention and treatment of degenerative conditions that the Company involve subclinical zinc deficiency and/or chronic copper toxicity. The Company conditions are highly prevalent and under-recognized in the aging population and that they may contribute to the progression of dry age-related macular degeneration (dry AMD), Alzheimer?s disease (AD), and mild cognitive impairment (MCI). Its product candidate brands, Zinthionein and EyeDaily with Zinthionein, are expected to be products that contain ingredients (such as, zinc monocysteine complex). In July 2009, Adeona completed the acquisition of HartLab LLC, an independent clinical laboratory.

Ascendiant Capital Markets is led by George Santana, who has nearly twenty years of equity research experience in the United States and foreign markets. During his career, Mr. Santana has been recognized six consecutive times in the Institutional Investor magazine poll of top analysts.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/25/2013 8:25 AM Buy
None
1.70 2.25
as of 12/13/2013
1 Week down  -17.07 %
1 Month down  -31.08 %
3 Months down  -34.61 %
1 YTD down  -40.00 %

(*) Stock Price at the time of the recommendation.
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