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Roth Capital initiated coverage on
Plasmatech Biopharmaceuticals IncPTBI with a Buy rating.
The target price for Plasmatech is set to $16.
Plasmatech shares have dropped 55.81 percent over the past 52 weeks, while the S&P 500 index has surged 9.07 percent in the same period.
Plasmatech shares rose 12.45 percent to $7.95 in pre-market trading.
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