Tekmira Up 6% on Leerink Initiation

Shares of Tekmira Pharmaceuticals TKMR are up six percent in Monday’s pre-market trading following commentary by Leerink partners.

Leerink initiated coverage at Outperform and assigned a $25 price target.

Monday’s rally follows a 50 percent peak to trough selloff last week and 10 percent climb Friday.

Shares of Tekmira were last trading at $19.25, up 6.47 percent.