Hemispherx BioPharma (HEB) Given a $1.00 Price Target at Ascendiant Capital Markets

Ascendiant Capital Markets set a $1.00 price target on Hemispherx BioPharma (NYSEAMERICAN:HEB) in a research note released on Friday, TipRanks reports. The firm currently has a buy rating on the specialty pharmaceutical company’s stock.

HEB stock opened at $0.14 on Friday. Hemispherx BioPharma has a one year low of $0.13 and a one year high of $0.35.

Hemispherx BioPharma (NYSEAMERICAN:HEB) last released its quarterly earnings results on Monday, April 1st. The specialty pharmaceutical company reported ($0.03) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.07) by $0.04. The firm had revenue of $0.24 million for the quarter.

About Hemispherx BioPharma

Hemispherx Biopharma, Inc, a specialty pharmaceutical company, engages in the clinical development of drug therapies based on natural immune system enhancing technologies for the treatment of viral and immune based chronic disorders in the United States. The company's products include Alferon N Injection, an injectable formulation of natural alpha interferon to treat a category of genital warts, a sexually transmitted disease; and Ampligen for the treatment of chronic fatigue syndrome (CFS).

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