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Arena Pharmaceuticals, Inc. (ARNA) [hlAlert]

down 65.85 %

Arena Pharmaceuticals, Inc. (ARNA) rated Buy with price target $16 by Banc of America Sec

Posted on: Tuesday,  Jan 15, 2008  8:25 AM ET by Banc of America Sec

Banc of America Sec rated Buy Arena Pharmaceuticals, Inc. (NASDAQ: ARNA) on 01/15/2008, when the stock price was $7.76.
Since then, Arena Pharmaceuticals, Inc. has lost 65.85% as of 10/08/2015's recent price of $2.65.
If you would have followed this Banc of America Sec's recommendation on ARNA, you would have lost 65.85% of your investment in 2823 days.

Arena Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical company focused on discovering, developing and commercializing oral drugs in four major therapeutic areas: cardiovascular, central nervous system, inflammatory, and metabolic diseases. Arena's most advanced product candidate, lorcaserin, is being investigated in a Phase three clinical trial program for the treatment of obesity. Arena's broad pipeline of novel compounds targeting G protein-coupled receptors, an important class of validated drug targets, includes compounds being evaluated independently and with its partners, Merck & Co., Inc. and Ortho-McNeil Pharmaceutical, Inc.

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Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/15/2008 8:25 AM Buy
7.76 16.00
as of 12/24/2008
1 Week down  -4.65 %
1 Month down  -39.55 %
3 Months down  -26.78 %
1 YTD down  -41.00 %

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