Equities researchers at HC Wainwright assumed coverage on shares of Pulmatrix (NASDAQ:PULM) in a report issued on Friday, February 9th, Marketbeat.com reports. The brokerage set a “buy” rating and a $5.00 price target on the biotechnology company’s stock. HC Wainwright’s target price suggests a potential upside of 237.84% from the stock’s current price.
Separately, ValuEngine raised Pulmatrix from a “strong sell” rating to a “sell” rating in a research report on Friday, February 2nd.
Shares of Pulmatrix (NASDAQ PULM) traded down $0.05 on Friday, hitting $1.48. The stock had a trading volume of 327,120 shares, compared to its average volume of 749,039. Pulmatrix has a 12-month low of $1.35 and a 12-month high of $4.75.
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Pulmatrix Company Profile
Pulmatrix, Inc is a clinical stage biopharmaceutical company developing inhaled therapies to address serious pulmonary disease. The Company’s product pipeline is focused on advancing treatments for rare diseases, including PUR1900, an inhaled anti-fungal for patients with lung disease, including cystic fibrosis.
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