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Tuesday, 11/21/2017 8:36:27 AM

Tuesday, November 21, 2017 8:36:27 AM

Post# of 8449
Kitov Pharmaceuticals up 20% premarket

Nov. 21, 2017 8:08 AM ET|About: Kitov Pharmaceuticals ... (KTOV)|By: Douglas W. House, SA News Editor
Kitov Pharmaceuticals (NASDAQ:KTOV) jumps 20% premarket on increased volume. No particular news accounts for the action other that an upgrade by nano cap uber-bull H.C. Wainwright to Buy with a $10 (408% upside) price target.

Last month, the company announced positive results from a Phase 3 study assessing lead candidate KIT-302's effect on renal function. Shares jumped on the news but completed a round-trip about 30 days later.