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Biotech / Medical : Cellegy Pharmaceuticals (CLGY)

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To: Daryl Gresham who wrote ()3/21/2000 10:20:00 AM
From: Magic212  Read Replies (1) of 322
 
RESEARCH ALERT - Cellegy started with a buy

CHICAGO, March 20 (Reuters) - Craig Hallum Capital Group Inc. analyst Richard Leza on Monday started coverage of
biopharmaceutical company Cellegy Pharmaceuticals Inc. (NASDAQ: CLGY) with a buy rating.

The analyst said his 12- to 18-month price target for the company's stock is $16 a share.

Shares of South San Francisco, Calif.-based Cellegy ended 3/16 lower at 7-9/16 on the Nasdaq market.
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