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down 0.67 %

NEURALSTEM INC (CUR) rated Buy with price target $5 by Morgan Joseph

Posted on: Thursday,  Sep 22, 2011  12:25 PM ET by Morgan Joseph

Morgan Joseph rated Buy NEURALSTEM INC (NASDAQ: CUR) on 09/22/2011, when the stock price was $1.49. Since
then, NEURALSTEM INC has lost 0.67% as of 01/14/2016's recent price of $1.48.
If you would have followed this Morgan Joseph's recommendation on CUR, you would have lost 0.67% of your investment in 1575 days.

Neuralstem, Inc. is a biotechnology company focused on developing and commercializing human neural stem cell technology in the field of regenerative medicine. The Company manufactures its cells both in-house and on an outsource basis. It uses these cells in its research grant and collaborative programs. The Company outsources all the manufacturing and storage of its stem cells to be used in pre-clinical works to Charles River Laboratories, Inc., of Wilmington, Massachusetts. The Charles River facility has the capacity to be used for cell processing under the United States Food and Drug Administration (FDA) determined good manufacturing practices (GMP) in quantities sufficient for its current pre-trial and anticipated future clinical trial needs. As of December 31, 2008, the Company had not identified any specific product.

Morgan Joseph is committed to providing timely, objective and actionable investment advice on the companies and securities we follow. Our team of equity analysts covers a growing universe of stock issues across a broad range of industry sectors. As a middle market-focused firm, our approach is not to publish research on as many companies as possible within a number of industry sectors. Rather, our research analysts distinguish themselves by zeroing in on quality companies with growth prospects or which present special situations. These companies often lack a research following. This enables our analysts to provide insight to investors in companies that are not well understood nor fairly valued.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/22/2011 12:25 PM Buy
1.49 5.00
as of 12/30/2011
1 Week up  1.05 %
1 Month down  -17.94 %
3 Months down  -26.15 %
1 YTD down  -35.57 %

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