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Enter Symbol:
 
Arena Pharmaceuticals, Inc. (ARNA) [hlAlert]

Rating:
Buy ARNA
down 64.18 %

Arena Pharmaceuticals, Inc. (ARNA) rated Buy with price target $10 by Lazard Capital

Posted on: Wednesday,  Aug 6, 2008  9:25 AM ET by Lazard Capital

Lazard Capital rated Buy Arena Pharmaceuticals, Inc. (NASDAQ: ARNA) on 08/06/2008. Previously Lazard Capital rated Buy Arena Pharmaceuticals, Inc. (NASDAQ: ARNA) on
01/08/2008., when the stock price was $7.40. Since then, Arena Pharmaceuticals, Inc. has lost 64.19% as of 10/08/2015's recent price of $2.65.
If you would have followed the previous Lazard Capital's recommendation on ARNA, you would have lost 64.18% of your investment in 2830 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.

Lazard Capital Markets’ research team is broadly recognized for its insight, thoroughness, and objectivity. Our goal is to help our clients make the best-informed decisions by providing timely, thoughtful analysis as well as access to company management teams and industry thought leaders. Our industry-focused analysts strive to identify emerging sector trends as well as bottom-up fundamental issues affecting their stocks under coverage. We add value by conducting extensive primary survey work, hosting proprietary events, cultivating industry contacts, and participating in relevant industry conferences.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/6/2008 9:25 AM Buy
None
6.46 10.00
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 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/28/2008 10:25 AM Buy
None
7.03 15.00
1/8/2008 11:25 AM Buy
None
7.40 16.00

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