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Enter Symbol:
 
Catalyst Biosciences Inc. (CBIO) [hlAlert]

Rating:
Hold TRGT
down 67.10 %

Targacept, Inc. (TRGT) downgraded to Hold by Needham

Posted on: Tuesday,  Nov 8, 2011  1:25 PM ET by Needham

Needham rated Hold Catalyst Biosciences Inc. (NASDAQ: CBIO) on 11/08/2011. Previously Needham rated Strong Buy Catalyst Biosciences Inc. (NASDAQ: CBIO) on
05/06/2011., when the stock price was $3.50. Since then, Catalyst Biosciences Inc. has lost 67.11% as of 11/08/2011's recent price of $1.15.
If you would have followed the previous Needham's recommendation on CBIO, you would have lost 67.1% of your investment in 186 days.

Targacept

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/8/2011 1:25 PM Hold
None
1.15
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/6/2011 8:25 AM Buy
None
3.50 4.48
10/16/2009 8:25 AM Buy
None
3.42 3.64
9/25/2009 8:25 AM Hold
None
2.73

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