Boenning & Scattergood Announces Investment Opinion on ISIS Pharmaceuticals, Inc.WEST CONSHOHOCKEN, Pa. -- Boenning & Scattergood initiated coverage of ISIS Pharmaceuticals, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ISIS) today with a Market Outperform market outperform An analyst recommendation that a stock is expected to outperform the overall market. rating and a 12-month price target of $22.00. ISIS' principal activity is to develop and market RNA-based drugs to treat important diseases, such as heart disease and diabetes. Our investment thesis includes two key factors: * Mipomersen could be prescribed pre·scribe v. pre·scribed, pre·scrib·ing, pre·scribes v.tr. 1. To set down as a rule or guide; enjoin. See Synonyms at dictate. 2. To order the use of (a medicine or other treatment). to over 20 million patients in the US alone and represents a multibillion dollar a year opportunity. * ISIS, with its enormous patent estate and enticing clinical program targeting epidemics like high cholesterol Cholesterol, High Definition Cholesterol is a fatty substance found in animal tissue and is an important component to the human body. It is manufactured in the liver and carried throughout the body in the bloodstream. and diabetes, would appear to be an attractive acquisition target. About Boenning & Scattergood: Founded in 1914, Boenning & Scattergood, Inc. is the oldest independently owned investment securities firm in the Philadelphia region. The firm offers a full compliment of investment services to institutional, retail and corporate clients, including research, sales, trading, investment banking and public finance. For more information, please visit www.boenninginc.com. This release is neither an offer to sell nor a solicitation solicitation In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual to buy any securities mentioned herein. Please refer to the full report, which is available upon request, for additional details and disclosures. |
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