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Stock Market Indicators, Index Trading

SGMO and BBBB…Upgraded…Again

Sure, I may have upgraded them both in the last few days, but I can’t blame the analysts for showing up a few days late. Usually they arrive 6 months late, ETFC.

BBBB was upgraded to Strong Buy from Buy atWedbush, proving once again the vast reach and respect this website garners.  Although my BBBB story is more complete, here are his words exactly:

“Wedbush upgrades BBBB to Strong Buy from Buy with a $53 tgt saying they believe that the recent sell-off following strong Q3 results creates an excellent entry point as they feel that the shares could appreciate more than 30% over the next year as the co continues to execute on its growth strategy.”

Then, the other stock I harked on yesterday, SGMO, fresh out of its analyst meeting today, is upgraded to a buy with a $27 target, courtesy of the plunderers at Cantor Fitzgerald.

“…saying the co is proving both its capacity and capability to execute new licensing for its Z.F.P. technology, and firm believes the current pharma environment favors SGMOS’s licensing and collaboration focus. Firm anticipates positive data from …trials through 08…and at minimum, expects two very large indications with substantial unmet clinical needs.”

Spring Break!

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