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Equities researchers at Stifel Nicolaus started coverage on shares of Innocoll AG (NASDAQ:INNL) in a research report issued on Tuesday, TheFlyOnTheWall.com reports. The firm set a “buy” rating and a $18.00 price target on the stock.

Separately, analysts at Piper Jaffray initiated coverage on shares of Innocoll AG in a research note on Tuesday. They set an “overweight” rating and a $14.00 price target on the stock.

Shares of Innocoll AG (NASDAQ:INNL) opened at 8.80 on Tuesday. Innocoll AG has a 1-year low of $8.00 and a 1-year high of $9.51. The stock’s 50-day moving average is $8.58 and its 200-day moving average is $8.58. The company’s market cap is $4.5 million.

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