Achillion Gets Massive Price Target Hike On HCV Drugs

By | June 16, 2014

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Biotech Achillion Pharmaceuticals (ACHN) got another boost Monday when Maxim Group more than tripled its price target on the stock, sending shares up 17% in morning trading on the stock market today. After having dinner with company executives, analyst Jason Kolbert hiked his target to 22 from 6, while maintaining his buy rating. He cited the potential of all three of Achillion’s hepatitis C drug candidates, with the ultimate goal of creating a Scalper1 News

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