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Myriad Genetics, Inc. (MYGN) [hlAlert]

Rating:
Hold MYGN

Myriad Genetics, Inc. (MYGN) rated Hold with price target $25 by Auriga

Posted on: Wednesday,  Jun 15, 2011  8:25 AM ET by Auriga

Myriad Genetics, Inc. (NASDAQ:
MYGN) rated Hold with price target $25 by Auriga.

Myriad Genetics, Inc. uses gene-based medicine to develop therapeutic and molecular diagnostic products. They employ a variety of proprietary proteomic technologies to discover disease genes and to understand the role these genes and their related proteins play in the onset and progression of disease. They have integrated these technologies using bioinformatics and robotics systems to conduct their research efforts on a high-throughput basis. This has enabled them to identify numerous proteins as targets for new drugs and molecular diagnostic tests.

Auriga operates full-service institutional equity and fixed income trading desks with state-of-the-art communications technology and trading systems. Through our U.S. corprate parent, Auriga Holdings, LLC we offer a variety of services including whole loan trading and asset management. Through our Spanish parent company, Auriga Securities Sociedad de Valores, S.A., we offer the ability to trade European equity and fixed income products. We connect electronically to buy-side firms; route orders to multiple points of execution and subsequently route to our clearing firm, Pershing, for settlement.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/12/2011 8:25 AM Buy
None
18.40 24.00
as of 12/30/2011
1 Week up  3.10 %
1 Month down  -1.45 %
3 Months up  11.73 %
1 YTD up  13.80 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/15/2011 8:25 AM Hold
None
23.67 25.00

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