Griffin Securities Initiates Research Coverage of CytRx Corporation with Buy Rating; Analyst Sets 12-month Target Price of $4.00.NEW YORK -- Griffin Securities initiated research coverage of CytRx Corporation (NasdaqSC:CYTR) with a buy rating and a 12-month price target of $4.00. Chrystyna Bedrij, Director of Research, issued the report. Griffin Securities, Inc., is a New York City based Investment Banking firm providing Corporate Finance, Merger & Acquisitions, Asset Management, Brokerage and Research services for Institutional, Corporate and Private Clients. The firm is a member of the National Association of Securities Dealers National Association of Securities Dealers (NASD) Nonprofit organization formed under the joint sponsorship of the investment bankers' conference and the SEC to comply with the Maloney Act, which provides for the regulation of the OTC market. (NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). ) (Broker ID 43229) and the Securities Investor Protection Corporation Securities Investor Protection Corporation (SIPC) A nonprofit corporation that insures customers' securities and cash held by member brokerage firms against the failure of those firms. (SIPC (Simply Interactive PC) An earlier umbrella term from Microsoft and Intel for a PC that works like a home appliance. For example, it has a sealed case, uses external connectors for expansion and boots in just a couple of seconds. ). The group provides financial advisory services to emerging growth companies, institutions, and high net worth individuals. |
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