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Posted On: 01/09/2013 12:25:49 PM
Post# of 99221
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Posted By: fitzkarz

Peregrine Pharmaceuticals Upgraded by Roth Capital (PPHM)


Posted by Bonnie Powley on Jan 9th, 2013 // No Comments


Peregrine Pharmaceuticals logo Roth Capital upgraded shares of Peregrine Pharmaceuticals (NASDAQ: PPHM) from a neutral rating to a buy rating in a research report released on Monday morning. Roth Capital currently has $2.70 price target on the stock .


Separately, analysts at Zacks upgraded shares of Peregrine Pharmaceuticals from a neutral rating to an outperform rating in a research note to investors on Thursday, December 27th. They now have a $1.50 price target on the stock.


Shares of Peregrine Pharmaceuticals traded down 6.87% during mid-day trading on Monday, hitting $2.17. Peregrine Pharmaceuticals has a one year low of $0.39 and a one year high of $5.50. The stock’s 50-day moving average is currently $1.. The company’s market cap is $287.6 million.


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