B. Riley Reiterates $19.00 Price Target for Catalyst Biosciences (CBIO)
B. Riley set a $19.00 price target on Catalyst Biosciences (NASDAQ:CBIO) in a research report report published on Monday morning. The firm currently has a buy rating on the biopharmaceutical company’s stock.
Separately, Zacks Investment Research upgraded Catalyst Biosciences from a hold rating to a buy rating and set a $5.25 target price on the stock in a research note on Wednesday, November 8th.
Shares of Catalyst Biosciences (NASDAQ:CBIO) opened at $12.91 on Monday. Catalyst Biosciences has a 52 week low of $3.11 and a 52 week high of $18.88.
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About Catalyst Biosciences
Catalyst Biosciences, Inc, formerly Targacept, Inc, is a clinical-stage biopharmaceutical company. The Company is focused on creating and developing medicines to address serious medical conditions. The Company focuses its product development efforts in the fields of hemostasis, including the treatment of hemophilia and surgical bleeding, and inflammation, including prevention of delayed graft function (DGF) in renal transplants and the treatment of dry age-related macular degeneration (dry AMD), a condition that can cause visual impairment or blindness.
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