BioCentury
ARTICLE | Analyst Picks & Changes

Analyst picks & changes

April 4, 1994 7:00 AM UTC

Protein Design Labs Inc.

C. Anthony Butler of Raymond James initiated coverage of Protein Design Labs Inc. with a "buy." With partner Corange valuing PDLI at $500 million, he said the Mountain View, Calif., company offers less risk than biotech companies at a similar stage of development. He has a 12-month price target of $33-$36. ...