My repost from the Ariad board:
1/4 - Ariad raised to $23 from @18 at BMO Capital Markets
12/27 - Ariad Pharm target raised to $18 at Rodman & Renshaw
All these upgrades!!! Wow, that's fantastic!!!! Oh wait a minute. There's this little line from the recent Ariad PR release about the offering:
Quote:
J.P. Morgan Securities LLC, Cowen and Company, LLC and Jefferies & Company, Inc. acted as joint book-running managers and underwriters for the offering. BMO Capital Markets Corp., Leerink Swann LLC, Oppenheimer & Co. Inc. and Rodman & Renshaw, LLC acted as co-managers for the offering
You just have to love Wall Street. Filthy animals all of them.
