Idera Pharmaceuticals Inc (IDRA)

[CHM_760]

Piper Jaffray picks for 2015 • 10:38 AM
Douglas W. House, SA News Ed...

Piper Jaffray likes Becton, Dickinson and Company (BDX +1.1%) as its top large cap pick for 2015. It raises its price target to $160 from $141 citing the upside potential of the CareFusion acquisition. Shares currently exchange hands at $135.
Its top small cap pick is Idera Pharmaceuticals (IDRA +4.5%) with a price target of $7. Shares are currently at $3.70.
SA Contributors Samreen Agha and EXPstocktrader are bullish on Idera as well.
Previously: Idera +6.3% AH after presenting IMO-8400 data (Dec. 8, 2014)
Previously: Idera up on preclinical data (Dec. 3, 2014)