Monday, September 10, 2012 10:25:26 AM
“JMP Securities increased its target on Peregrine after the company announced results of the trial of its bavituximab for second-line, non-small cell lung cancer patients that demonstrated an overall survival benefit which was approx. double the duration observed in the control arm. The firm thinks the results could bode well for the company's Phase III program and partnership talks, and it reiterates an Outperform rating on the shares”.
http://www.theflyonthewall.com/permalinks/entry.php/PPHMid1701121/PPHM-Peregrine-Pharma-price-target-raised-to--from---at-JMP-Securities
= = = = = = = = = = = = =
JMP Securities/Charles Duncan - init. 8-30-2011 OutPerf/PT=$5, CURR: OutPerf/$6.50 http://www.jmpg.com
. . .9-10-12: JMP ups PT $5=>$6.50 ("2ndLine NSCLC data results could bode well for Ph3 pgm & partnership talks") http://tinyurl.com/93b34qy
. . .Universe: http://www.jmpg.com/wp-content/files_flutter//2012/09/JMP-Research-Universe.pdf
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