Analyst picks & changes

Analyst picks & changes

Company Bank Analyst Coverage Opinion Wk chg 2/16 cls
Aradigm (ARDM) Punk Matthew Kaplan Upgrade Buy (from accumulate) 13% $1.29
Kaplan upgraded the stock after ARDM raised $31.4M through the sale of 33M shares at $0.95 last month. He noted the financing removed a "preferred share overhang" by forcing the conversion of ARDM's preferred into common stock. He expects ARDM's LipoCipro ciprofloxacin to enter Phase II trials

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