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Alexza Pharmaceuticals, Inc. (ALXA) [hlAlert]

Rating:
Buy ALXA
down 93.09 %

Alexza Pharmaceuticals, Inc. (ALXA) rated Buy with price target $12 by Wedbush Morgan

Posted on: Tuesday,  Mar 10, 2009  9:25 AM ET by Wedbush Morgan

Wedbush Morgan rated Buy Alexza Pharmaceuticals, Inc. (NASDAQ: ALXA) on 03/10/2009, when the stock price was $17.10. Since
then, Alexza Pharmaceuticals, Inc. has lost 93.10% as of 08/27/2015's recent price of $1.18.
If you would have followed this Wedbush Morgan's recommendation on ALXA, you would have lost 93.09% of your investment in 2361 days.

Alexza Pharmaceuticals is an emerging pharmaceutical company focused on the development and commercialization of novel, proprietary products for the treatment of acute and intermittent conditions. The Company's technology, the Staccato system, vaporizes unformulated drug to form a condensation aerosol that allows rapid systemic drug delivery through deep lung inhalation. The drug is quickly absorbed through the lungs into the bloodstream, providing speed of therapeutic onset that is comparable to intravenous administration, but with greater ease, patient comfort and convenience.

Since 1980, WEDBUSH has used its private equity discipline to invest in under-valued and capital constrained public and private companies that have a significant potential for appreciation. The firm invests with high quality management teams with domain expertise and expects management to retain or make a personally significant equity investment.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/10/2009 9:25 AM Buy
None
17.10 120.00
as of 12/31/2009
1 Week down  -40.72 %
1 Month down  -40.45 %
3 Months down  -41.77 %
1 YTD down  -23.39 %

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