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RedHotStocks
Mar 6, 2020 1:45 PM

Strongbridge Biopharma Huge Reversal Potential On Upgrade Long

Description

Bullish Upgrade
Craig-Hallum analyst Frank Brisebois initiated coverage of Strongbridge Biopharma with a Buy rating and $7.50 price target. While delays in Strongbridge's second Phase 3 LOGICS readout have weighed on the stock, Brisebois says he believes its positive first Phase 3 SONICS readout significantly de-risks LOGICS's outcome. He is particularly encouraged by Recorlev's effect on key secondary cardiovascular and liver-related endpoints.
thefly.com
Comments
mbrbrand
Does this chart support a fixed stop price at 2.69 with a limit sell at 4.56? New investor trying to understand these charts. Thanks!
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