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Pieris continues AstraZeneca collaboration-stoked up move; shares almost double since May 3

Published 05/30/2017, 11:08 AM
© Reuters.  Pieris continues AstraZeneca collaboration-stoked up move; shares almost double since May 3
PIRS
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  • Micro cap Pieris Pharmaceuticals (PIRS +12.5%) continues its up move that started on May 3 when a collaboration with AstraZeneca was announced to develop drugs based on its Anticalin platform. Share are up 98% since then.
  • Rodman & Renshaw initiated coverage with a Buy rating and $8 (68% upside) price target.
  • Previously: Pieris Pharma +41% on drug development deal with AstraZeneca (May 3)
  • Now read: Pieris: After Doubling, How Much Upside Left For This

    Original article

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