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UPDATE: JMP Securities Initiates Coverage on Lpath on Potential of iSONEP and ASONEP

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In a report published Tuesday, JMP Securities analyst John L. Newman initiated coverage on Lpath (NASDAQ: LPTN) with a Market Outperform rating and $14.00 price target.

In the report, JMP Securities noted, “We are initiating coverage on Lpath with a Market Outperform rating and establishing a $14 price target based on a probability-adjusted Net Present Value calculation. Lpath is developing two lipid-targeting antibodies, iSONEP for eye disease, and ASONEP for kidney cancer, with iSONEP holding under-appreciated value, in our view.”

Lpath closed on Monday at $4.81.

Latest Ratings for LPTN

DateFirmActionFromTo
Apr 2014Canaccord GenuityInitiates Coverage OnBuy
Nov 2013McNicoll Lewis VlakInitiates Coverage OnBuy
Dec 2012Summer StreetInitiates Coverage OnBuy

View More Analyst Ratings for LPTN
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Posted-In: JMP Securities John L. NewmanAnalyst Color Initiation Analyst Ratings

Latest Ratings

StockFirmActionPT
GIKColliers SecuritiesInitiates Coverage On14.0
SANWLake StreetInitiates Coverage On6.0
LILAMorgan StanleyDowngrades15.0
BEJP MorganUpgrades36.0
NEXACredit SuisseUpgrades11.0
View the Latest Analytics Ratings
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