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Biotech / Medical : Nuvelo(NUVO)
NUVO 0.170+169,917.0%Aug 30 3:59 PM EST

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To: DewDiligence_on_SI who wrote (108)11/1/2006 6:20:57 PM
From: Arthur Radley  Read Replies (1) of 140
 
Nov 1 (Reuters) - Banc of America Securities on Wedesday began coverage of five biopharmaceutical companies and said Myriad Genetics Inc. (MYGN.O: Quote, Profile, Research) and Nuvelo Inc. (NUVO.O: Quote, Profile, Research) were among its top picks.

BofA also assumed coverage of Acorda Therapeutics Inc. (ACOR.O: Quote, Profile, Research) and Acadia Pharmaceuticals Inc. (ACAD.O: Quote, Profile, Research).

Following are the ratings and price targets of these companies.

Rating Price target Myriad Genetics Inc. Buy $40 Nuvelo Inc. Buy $26 Keryx Biopharmaceuticals Inc. Buy $26 Array BioPharma Inc. Buy $13 Dendreon Corp. Neutral $6 Acorda Therapeutics Inc. Buy $24 Acadia Pharmaceuticals Inc. Buy $14 (
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