12.04.2017 13:05:00

Research Reports Initiation on Biotech Stocks -- Tesaro, Alnylam Pharma, Corbus Pharma, and Inovio Pharma

NEW YORK, April 12, 2017 /PRNewswire/ --

On Tuesday, April 11, 2017, US markets saw a mixed session as 2 sectors closed in green, 4 sectors finished in red, and 3 sectors ended flat for the day. Major US indices were bearish at the close of yesterday's session. The NASDAQ Composite ended the day at 5,866.77, down 0.24%; the Dow Jones Industrial Average edged 0.03% lower, to finish at 20,651.30; and the S&P 500 closed at 2,353.78, down 0.14%. This Wednesday morning, Stock-Callers.com looks at the performance of these four Biotechnology stocks: Tesaro Inc. (NASDAQ: TSRO), Alnylam Pharmaceuticals Inc. (NASDAQ: ALNY), Corbus Pharmaceuticals Holdings Inc. (NASDAQ: CRBP), and Inovio Pharmaceuticals Inc. (NASDAQ: INO). You can access our complimentary research reports on these stocks now at:

http://stock-callers.com/registration

Tesaro  

On Tuesday, shares in Waltham, Massachusetts headquartered Tesaro Inc. ended the session 1.93% lower at $141.07 with a total volume of 780,478 shares traded. Tesaro's shares have rallied 204.42% in the past one year. The stock is trading 12.07% above its 200-day moving average. Moreover, shares of the Company, which identifies, acquires, develops, and commercializes cancer therapeutics and oncology supportive care products in the US, have a Relative Strength Index (RSI) of 29.79.  

On April 10th, 2017, research firm Janney initiated a 'Neutral' rating on the Company's stock, with a target price of $141 per share. Visit us today and download your complete report on TSRO for free at:

http://stock-callers.com/registration/?symbol=TSRO

Alnylam Pharma  

On Tuesday, shares in Cambridge, Massachusetts headquartered Alnylam Pharmaceuticals Inc. recorded a trading volume of 706,856 shares. The stock ended the day 0.81% lower at $48.85. Alnylam Pharma's stock has gained 9.26% in the past three months. The Company's shares are trading above its 50-day moving average by 0.13%. Furthermore, shares of Alnylam Pharma, which discovers, develops, and commercializes novel therapeutics based on RNA interference, have an RSI of 44.26.

On March 30th, 2017, research firm UBS initiated a 'Neutral' rating on the Company's stock, with a target price of $55 per share. The complimentary research report on ALNY can be accessed at:

http://stock-callers.com/registration/?symbol=ALNY

Corbus Pharma  

Norwood, Massachusetts-based Corbus Pharmaceuticals Holdings Inc.'s stock finished Tuesday's session 2.86% lower at $6.80 with a total volume of 818,771 shares traded. Corbus Pharma's shares have rallied 162.55% in the past one year. The Company's shares are trading above its 200-day moving average by 3.47%. Shares of Corbus Pharma, which focuses on the development and commercialization of novel therapeutics to treat inflammatory and fibrotic diseases, have an RSI of 32.25.

On March 30th, 2017, research firm Cantor Fitzgerald reiterated its 'Overweight' rating on the Company's stock with an increase of the target price from $17 a share to $24 a share. Register for free on Stock-Callers.com and download the PDF research report on CRBP at:

http://stock-callers.com/registration/?symbol=CRBP

Inovio Pharma  

Plymouth Meeting, Pennsylvania headquartered Inovio Pharmaceuticals Inc.'s stock edged 0.32% lower, to close the day at $6.15. The stock recorded a trading volume of 579,251 shares. The Company's shares are trading 5.92% and 21.06% below its 50-day and 200-day moving averages, respectively. Additionally, shares of the Company, which develops active DNA immunotherapies and vaccines in combination with proprietary electroporation delivery devices to prevent and treat cancers and infectious diseases, have an RSI of 45.57.

On March 16th, 2017, research firm Maxim Group upgraded the Company's stock rating from 'Hold' to 'Buy', with a target price of $10 per share. Get free access to your research report on INO at:

http://stock-callers.com/registration/?symbol=INO

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