Cantor Fitzgerald Downgrades Mirna Therapeutics Inc. (MIRN) to Hold
Mirna Therapeutics Inc. (NASDAQ:MIRN) was downgraded by research analysts at Cantor Fitzgerald from a “buy” rating to a “hold” rating in a research note issued to investors on Wednesday, The Fly reports.
MIRN has been the topic of several other reports. HC Wainwright initiated coverage on Mirna Therapeutics in a research report on Monday, September 12th. They set a “buy” rating and a $6.00 price target on the stock. Zacks Investment Research upgraded Mirna Therapeutics from a “hold” rating to a “buy” rating and set a $2.75 price target on the stock in a research report on Wednesday, September 7th. Citigroup Inc. lowered Mirna Therapeutics from a “buy” rating to a “neutral” rating and dropped their price target for the company from $7.00 to $4.50 in a research report on Tuesday, August 16th. Oppenheimer Holdings Inc. lifted their price target on Mirna Therapeutics from $7.00 to $13.00 and gave the company an “outperform” rating in a research report on Tuesday, August 16th. Finally, Leerink Swann lowered Mirna Therapeutics from an “outperform” rating to a “market perform” rating and dropped their price target for the company from $10.00 to $4.00 in a research report on Monday, August 15th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $7.38.
Mirna Therapeutics (NASDAQ:MIRN) opened at 2.46 on Wednesday. The company’s market cap is $51.25 million. Mirna Therapeutics has a 52 week low of $2.21 and a 52 week high of $11.01. The firm has a 50-day moving average price of $3.17 and a 200-day moving average price of $4.12.
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Mirna Therapeutics Company Profile
Mirna Therapeutics, Inc is a United States-based clinical-stage biopharmaceutical company. The Company is focused on developing a pipeline of microRNA (ribonucleic acid)-based oncology therapeutics. It is developing a cancer therapy, microRNA Replacement Therapy, focused on replacing naturally occurring microRNAs that are under expressed in cancer cells with microRNA mimics.
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