Mirna Therapeutics Inc. (MIRN) Downgraded by Cantor Fitzgerald to “Hold”
Mirna Therapeutics Inc. (NASDAQ:MIRN) was downgraded by equities research analysts at Cantor Fitzgerald from a “buy” rating to a “hold” rating in a research note issued on Wednesday.
Several other equities research analysts have also weighed in on the company. Oppenheimer Holdings Inc. lifted their price objective on Mirna Therapeutics from $7.00 to $13.00 and gave the stock an “outperform” rating in a report on Tuesday, August 16th. Zacks Investment Research raised Mirna Therapeutics from a “hold” rating to a “buy” rating and set a $2.75 price objective for the company in a report on Wednesday, September 7th. Leerink Swann lowered Mirna Therapeutics from an “outperform” rating to a “market perform” rating and decreased their price objective for the stock from $10.00 to $4.00 in a report on Monday, August 15th. HC Wainwright started coverage on Mirna Therapeutics in a report on Monday, September 12th. They issued a “buy” rating and a $6.00 price objective for the company. Finally, Citigroup Inc. lowered Mirna Therapeutics from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $7.00 to $4.50 in a report on Tuesday, August 16th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company 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 firm’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’s 50-day moving average price is $3.17 and its 200 day moving average price is $4.12.
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About Mirna Therapeutics
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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