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Biotech / Medical : MAXY - Maxygen, Inc.

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To: Icebrg who wrote (100)12/13/2001 12:26:08 PM
From: Icebrg  Read Replies (1) of 262
 
Robertson Stephens wrote the following today.

Maxygen, Inc.ab [NASDAQ: MAXY $19.45]

12-Month Price Target: $30.00
F2001E EPS: $(0.79)
F2002E EPS: $(0.99)
Buy
Michael King, Biopharmaceuticals

Investment Conclusion: Maxygen is emerging as an early drug discovery company having leveraged its core competency in molecular evolution to develop several human therapeutic and industrial products. While we are closing in on year-end, we remain confident that the company will meet its 2001 milestones this month or early next year including an addition human therapeutic deal, another industrial deal or two, a deal in a new product area and potentially even a joint venture.


It looks like Maxygen will have a quite busy end of the year.

Ice
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