December 10, 2012 at 13:28 PM EST
Piper Jaffray Reiterates Neutral Rating, $10 PT on ISIS Pharmaceuticals
In a report published Monday, Piper Jaffray & Co. reiterated its Neutral rating and $10.00 price target on ISIS Pharmaceuticals (NASDAQ: ISIS ). Piper Jaffray noted, “This morning, ISIS signed a new antisense collaboration with Biogen Idec (BIIB) for 3 undisclosed neurological and neuromuscular targets. Although the deal brings in
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