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ARDEA BIOSCIENCES (RDEA) [hlAlert]

Rating:
Buy RDEA
up 25.38 %

ARDEA BIOSCIENCES (RDEA) rated Buy with price target $32 by Stifel Nicolaus

Posted on: Friday,  Jul 1, 2011  9:25 AM ET by Stifel Nicolaus

Stifel Nicolaus rated Buy ARDEA BIOSCIENCES (NASDAQ: RDEA) on 07/01/2011, when the stock price was $25.49. Since
then, ARDEA BIOSCIENCES has gained 25.38% as of 06/19/2012's recent price of $31.96.
If you would have followed this Stifel Nicolaus's recommendation on RDEA, you would have gained 25.38% of your investment in 354 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.

Stifel Nicolaus research focuses on all market caps, but is a leader in small- and mid-cap research. The department is staffed predominately with industry professionals from outside Wall Street. In fact, approximately 50% of its analysts have hands-on work experience in the industry that they research. Stifel Nicolaus believes industry experience, its opportunistic approach, and broad market cap coverage drive excess returns and its award-winning franchise.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/1/2011 9:25 AM Buy
None
25.49 32.00
as of 12/30/2011
1 Week down  -3.99 %
1 Month down  -10.01 %
3 Months up  7.61 %
1 YTD down  -34.05 %

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