ARDEA BIOSCIENCES (RDEA) rated Buy with price target $40 by Brean Murray
Brean Murray rated Buy ARDEA BIOSCIENCES (NASDAQ: RDEA) on 12/10/2010, when the stock price was $21.97. Since then, ARDEA BIOSCIENCES
has gained 43.83% of its value until Brean Murray rated RDEA Hold on 04/23/2012, when the price was $31.60.
If you would have followed this Brean Murray's recommendation on RDEA, you would have gained 43.83% of your investment in 500 days.
Ardea Biosciences, Inc. is a biotechnology company focused on the discovery and development of small-molecule therapeutics for the treatment of human immunodeficiency virus (HIV), cancer and inflammatory diseases, including gout. The Company's portfolio of product candidates include RDEA806 and 2nd generation non-nucleoside reverse transcriptase inhibitor (NNRTI) for HIV indication; RDEA594 for gout; RDEA119 for cancer; RDEA119 for inflammation, and mitogen-activated ERK kinase (MEK) inhibitor for cancer/inflammation.
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