Insys Therapeutics (INSY) Upgraded to Hold at ValuEngine
ValuEngine upgraded shares of Insys Therapeutics (NASDAQ:INSY) from a sell rating to a hold rating in a report issued on Friday morning.
Other equities research analysts also recently issued research reports about the stock. Zacks Investment Research upgraded shares of Insys Therapeutics from a hold rating to a buy rating and set a $8.50 price objective on the stock in a research note on Wednesday, October 18th. Royal Bank of Canada set a $8.00 price objective on shares of Insys Therapeutics and gave the stock a buy rating in a research note on Friday, October 27th. Jefferies Group lowered their price objective on shares of Insys Therapeutics from $14.00 to $11.00 and set a buy rating on the stock in a research note on Friday, November 3rd. Finally, Oppenheimer restated a hold rating on shares of Insys Therapeutics in a research note on Sunday, November 12th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the stock. The company presently has an average rating of Hold and a consensus target price of $9.38.
Insys Therapeutics (NASDAQ INSY) opened at $9.62 on Friday. Insys Therapeutics has a 52-week low of $4.10 and a 52-week high of $15.02. The company has a market cap of $631.99, a P/E ratio of -3.77 and a beta of 0.81.
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About Insys Therapeutics
Insys Therapeutics, Inc is a commercial-stage specialty pharmaceutical company. The Company develops and commercializes supportive care products. The Company’s product Subsys, is a sublingual fentanyl spray for breakthrough cancer pain (BTCP) in opioid-tolerant patients and a single-use product that delivers fentanyl, an opioid analgesic, for transmucosal absorption underneath the tongue.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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