Rodman & Renshaw, LLC Announces Investment Opinion on Pharmacyclics.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Rodman & Renshaw, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control --Rodman & Renshaw, LLC Initiates Coverage of Pharmacyclics With A Market Outperform market outperform An analyst recommendation that a stock is expected to outperform the overall market. Rating --Analyst Sets 12 Month Target Price of $22.00 Rodman & Renshaw, LLC initiated research coverage of Pharmacyclics (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 : PCYC PCYC Police Citizens Youth Club PCYC Palmer's Cove Yacht Club (Salem, Massachusetts) PCYC Perche Creek Yacht Club (Columbia, Missouri) - News) with a Market Outperform Rating and a 12-month price target $22.00. Matthew N. Murray, Senior Biotechnology Analyst, issued the report. About Rodman & Renshaw, LLC Rodman & Renshaw is a privately held, full-service investment bank committed to fostering the long-term success of growth companies through capital raising, strategic advice, insightful research, and the development of institutional support. More information is available at www.rodmanandrenshaw.com None of the research analysts or the research analyst's household has a financial interest in the securities of Pharmacyclics (including, without limitation, any option, right, warrant, future, long or short position). As of September 30, 2005, neither Rodman & Renshaw, LLC nor its affiliates beneficially own 1% or more of any class of common equity securities of Pharmacyclics Neither the research analyst nor Rodman & Renshaw, LLC has any material conflict of interest with Pharmacyclics, of which the research analyst knows or has reason to know at the time of publication of this research report. Rodman & Renshaw, LLC or its affiliates did not receive compensation from Pharmacyclics for investment banking services within the last twelve months and Rodman & Renshaw, LLC intends to seek compensation from Pharmacyclics for investment banking services within three months, following publication of the research report. Neither the research analyst nor any member of the research analyst's household nor Rodman & Renshaw, LLC serves as an officer, director or advisory board member of Pharmacyclics Rodman & Renshaw, LLC makes a market in Pharmacyclics securities as of the date of this research report. The above information is not intended to be used as a primary basis of investment decisions. It is not a representation by Rodman & Renshaw, LLC or an offer or the 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 of an offer to buy any security. Before investing in Pharmacyclics, you should carefully consider your risk tolerance Risk Tolerance The degree of uncertainty that an investor can handle in regards to a negative change in the value of their portfolio. Notes: An investor's risk tolerance varies according to age, income requirements, financial goals, etc. and financial objectives. |
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