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Actionable news in PTX: Pernix Therapeutics Holdings, Inc.,

Brean: Pernix Deal Could Occur Soon, Stock Worth $8

  • Pernix Therapeutics Holdings Inc (NASDAQ: PTX) shares have dipped 74.85 percent over the past one year, almost down to their 52-week low on February 5, at $1.99.
  • Brean Capital’s Difei Yang has maintained a Buy rating on the company, while lowering the price target from $14 to $8.
  • On February 8, Reuters announced that Pernix Therapeutics could be exploring its alternatives, including a sale of the company. Yang said, however, that management declined to...

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