Wedbush Initiates Trevena At Outperform

Analysts at Wedbush initiated coverage on

with a Outperform rating. The target price for Trevena is set to $15. Trevena shares have dropped 14.55% over the past 52 weeks, while the S&P 500 index has surged 9.36% in the same period. Trevena's shares jumped 3.08% to $6.70 in pre-market trading.