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6 Biotech Stocks That Investors Hate but Analysts Love

  +Follow June 27, 2013 7:51PM
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Sometimes there are stocks that take a beating, but for whatever reason, the analysts won’t let them go. We decided to look at stocks that have had a rough go, but according to the analysts, are set to rebound any time. Specifically, for this article, we looked at the biotech sector.

Here’s the criteria we used: we decided to look at stocks that were down for the quarter but still had a “strong buy” rating from analysts. We further refined our search by focusing only on stocks above $4 a share to eliminate the more volatile ones.

We found six stocks that fit our criteria. Here they are:

Durata Therapeutics (DRTX) Chicago-based antibiotic developer Durata raised $74 million in an October 2012 IPO. Their main drug in development is dalbavancin, which treats skin infections. A December 2012 trial went well. Analysts still believe in the product’s future. Despite sitting near its 52 week low at $7 a share, Durata is up 1.74 percent.

Coronado Biosciences (CNDO) The immunotherapy drug development company is up 1.01 percent to $7.99 a share, and despite a dip the last few months, they’re up almost 67.58 percent on the year. Coronado recently announced they are hosting a conference looking for new investors.

Anacor Pharmaceuticals (ANAC) Anacor descirbes themselves as “hav(ing) discovered and advanced into clinical development several novel and proprietary boron-based product candidates.” They are up 4.34 percent to $5.53 a share. In June Anacor entered into a $45 million dollar term loan with Hercules Tech (HTGC.)

OncoGenex Pharmaceuticals (OGXI) OncoGenex gained 2.73 percent to hit $9.80 a share, though it’s down for the quarter and year (over 20 percent YTD.) Zacks is high on them, citing their drug OGX-011 that is “the lead candidate currently completing five Phase 2 clinical studies in prostate, lung and breast cancers.”

Lpath Inc. (LPTN) Lpath lost 1.94 percent to hit $4.56 a share, and is down for the year. This San Diego-based biotech company works on drugs that prevent macular degeneration. According to the New York Times, Lpath is advancing has completed a phase-I clinical trial for the drug ASONEP and is entering phase-II clinical trials in Renal Cell Carcinoma.

Array BioPharma(ARRY) Array is up 2.65 percent to hit $4.64 a share, down from their 52 week high of $6.56. Analysts are still bullish on the stock following promising trials for their p38 inhibitors that could have therapeutic effects on osteoarthritis.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions.


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Results for DRTX
HotKeyTrading
19 Oct 14 19:30:06
Gap Downs: $ATHN $MYGN $RPRX $TTPH $HMHC $ZHNE $MAT $PACD $SIAL $TS $DPZ $EXTR $KO $NFLX $DRTX http://t.co/XQITF0lRKD #swingtrading #stock
HotKeyTrading
19 Oct 14 13:30:03
Downgraded: $AMD $URBN $RIO $NFLX $DRTX $NTCT $PH $DAN $DRYS $JCI $MTW $PKT $MCHP $JCP $TDG http://t.co/Vv2VEn80mr #analyst #trading #stock
HotKeyTrading
19 Oct 14 07:30:04
Gap Downs: $ATHN $MYGN $RPRX $TTPH $HMHC $ZHNE $MAT $PACD $SIAL $TS $DPZ $EXTR $KO $NFLX $DRTX http://t.co/Vv2VEn80mr #trader #markets #dow
HotKeyTrading
19 Oct 14 01:30:03
Downgraded: $AMD $URBN $RIO $NFLX $DRTX $NTCT $PH $DAN $DRYS $JCI $MTW $PKT $MCHP $JCP $TDG http://t.co/XQITF0lRKD #swingtrading #stock
NathanAaron
18 Oct 14 19:45:18
Good job by $drtx, only other bidder lowered initial bid to 18 from 20. Time will tell if Brent is overpaying for co's or making smart acqui
HotKeyTrading
18 Oct 14 19:30:04
Gap Downs: $ATHN $MYGN $RPRX $TTPH $HMHC $ZHNE $MAT $PACD $SIAL $TS $DPZ $EXTR $KO $NFLX $DRTX http://t.co/Vv2VEn80mr #wallstreet #spy #dow
Stockaholics
18 Oct 14 13:29:06
IBIO Closed Up 69.84% After Our Penny Stock Alert! New Picks Coming: http://t.co/OG2rloNNni $DRTX $VIPS $XRA
Stockaholics
18 Oct 14 10:18:25
IBIO Closed Up 69.84% After Our Penny Stock Alert! New Picks Coming: http://t.co/OG2rloNNni $DRTX $VIPS $XRA
HotKeyTrading
18 Oct 14 07:30:04
Gap Downs: $ATHN $MYGN $RPRX $TTPH $HMHC $ZHNE $MAT $PACD $SIAL $TS $DPZ $EXTR $KO $NFLX $DRTX http://t.co/XQITF0lRKD #daytrader #spy #dow
Gotham City Capital
18 Oct 14 02:01:10
RT @lomu_j: $DRTX $ACT Next and only offer for Durata was 19+2+2.5 from company A http://t.co/tZrxVQMZLp
HotKeyTrading
18 Oct 14 01:30:02
Downgraded: $AMD $URBN $RIO $NFLX $DRTX $NTCT $COST $PH $DAN $DRYS $JCI $PKT $MCHP $JCP $TDG http://t.co/Vv2VEn80mr #stocks #stockmarket
j l
17 Oct 14 23:52:23
$DRTX $ACT Next and only offer for Durata was 19+2+2.5 from company A http://t.co/tZrxVQMZLp
HotKeyTrading
17 Oct 14 19:30:05
Gap Downs: $ATHN $MYGN $RPRX $TTPH $HMHC $ZHNE $MAT $PACD $SIAL $TS $DPZ $EXTR $KO $NFLX $DRTX http://t.co/Vv2VEn80mr #dow #swingtrading
Gotham City Capital
17 Oct 14 18:11:19
@BiotechSage @PinkyG123 ABx are tough.. Tedizolid was super close as was Dalvance $DRTX $CEMP no guarantee but like the odds..
Joseph M Swartz
17 Oct 14 13:52:14
$DRTX - Statement of Ownership: Solicitation (sc 14d9) http://t.co/X0N0lHQ7kc
Stocks News&Markets
17 Oct 14 13:52:12
$DRTX - Statement of Ownership: Solicitation (sc 14d9) http://t.co/SdCPyXQ3Ku
$Stocknewsalerts
17 Oct 14 13:51:59
$DRTX SEC Filing Alert for Durata Therapeutics, Inc. From our Stock News Alerts App
HotKeyTrading
17 Oct 14 13:30:03
Downgraded: $AMD $URBN $RIO $NFLX $DRTX $NTCT $COST $PH $DAN $DRYS $JCI $MTW $PKT $MCHP $JCP http://t.co/XQITF0lRKD #nasdaq #wallstreet
TickerChirp
17 Oct 14 10:44:03
Most Popular Tweets Relevant to $DRTX on 10/17/2014 http://t.co/50LtVFoJkf
Stockaholics
17 Oct 14 10:41:51
Platinum Penny Stock Picks Gained 125% last week! New Pick Coming Today! Check It Out: http://t.co/7gQJ2ZCjuq $DRTX $VIPS $XRA
Stockaholics
17 Oct 14 10:20:35
Platinum Penny Stock Picks Gained 125% last week! New Pick Coming Today! Check It Out: http://t.co/7gQJ2ZCjuq $SRGE $BEST $DRTX
$Stocknewsalerts
17 Oct 14 09:17:01
$DRTX SEC Filing Alert for Durata Therapeutics, Inc. From our Stock News Alerts App
Joseph M Swartz
17 Oct 14 09:16:26
$DRTX - Tender Offer Statement by Third Party (sc To-t) http://t.co/kXd2vgD3U5
Stocks News&Markets
17 Oct 14 09:16:24
$DRTX - Tender Offer Statement by Third Party (sc To-t) http://t.co/5NrVS5QjMF
NASDAQ
17 Oct 14 09:16:09
$DRTX - Tender Offer Statement by Third Party (sc To-t) http://t.co/ixhCmNhXrY
HotKeyTrading
17 Oct 14 07:30:04
Gap Downs: $TTPH $HMHC $ZHNE $MAT $PACD $SIAL $TS $DPZ $EXTR $KO $NFLX $DRTX $PVTB $WABC $CFR http://t.co/Vv2VEn80mr #analyst #stocks #spy
Ticker Report
17 Oct 14 05:43:27
Durata Therapeutics Stock Rating Lowered by Roth Capital $DRTX http://t.co/CLeM8Enq3a
HotKeyTrading
17 Oct 14 01:30:03
Downgraded: $RIO $NFLX $DRTX $NTCT $COST $PH $DAN $DRYS $JCI $MTW $PKT $MCHP $JCP $TDG $DNR http://t.co/Vv2VEn80mr #stocks #finance #stock
Stockaholics
17 Oct 14 00:43:27
Platinum Penny Stock Picks Gained 125% last week! New Pick Coming Today! Check It Out: http://t.co/FrVi9FtefG $DRTX $VIPS $XRA
Stockaholics
16 Oct 14 20:49:39
ABPI Gained 1,587.50% In 3 days! Big News: http://t.co/7gQJ2ZCjuq $DRTX $VIPS $XRA
Stockaholics
16 Oct 14 20:15:50
ABPI Gained 1,587.50% In 3 days! Big News: http://t.co/7gQJ2ZCjuq $SRGE $BEST $DRTX
Stockaholics
16 Oct 14 16:05:50
ABPI Gained 1,587.50% In 3 days! Big News: http://t.co/FrVi9FtefG $DRTX $VIPS $XRA
Stockaholics
16 Oct 14 14:49:54
ABPI Gained 1,587.50% In 3 days! Big News: http://t.co/FrVi9FtefG $SRGE $BEST $DRTX
WKRB News
16 Oct 14 11:10:15
Durata Therapeutics Stock Rating Lowered by Roth Capital $DRTX http://t.co/CjH4qzyTQv
Penny Stock Secret
16 Oct 14 08:51:12
This Guy Made $4 Million Trading Because He Knew How To Spot Stocks! Click Here http://t.co/SVqoMkrw2z .. $DRTX $VIPS $XRA
Penny Stock Secret
16 Oct 14 07:22:12
This Guy Made $4 Million Trading Because He Knew How To Spot Stocks! Click Here http://t.co/SVqoMkrw2z .. $SRGE $BEST $DRTX
Stockaholics
15 Oct 14 23:26:39
ABPI Gained 1,587.50% In 3 days! Big News: http://t.co/7gQJ2ZCjuq $DRTX $VIPS $XRA
Penny Stock Secret
15 Oct 14 20:55:38
Secret That Has Made GREG, And 22 of his friends and family members MILLIONAIRES! FIND HERE http://t.co/SVqoMkrw2z .. $MAR $TRAK $DRTX
4-traders.com
15 Oct 14 19:45:13
Durata Therapeutics : INVESTOR ALERT: The Law Offices of Vincent Wong Investigates the Board of Directors o... http://t.co/6KRo7boVfS $DRTX
4-traders.com
15 Oct 14 19:45:05
Durata Therapeutics : EQUITY ALERT: Rosen Law Firm Announces Investigation of Durata Therapeutics, Inc. Con... http://t.co/UWlI5YUEeI $DRTX
US Banking News
15 Oct 14 18:29:37
Durata Therapeutics Downgraded by Roth Capital $DRTX http://t.co/KJ4dB2hjcg
HotKeyTrading
15 Oct 14 14:30:04
Trending High On Social Media: $ATHL $ADSK $KBH $DWA $PANW $CMRX $AAPL $BBBY $INTC $BBRY $NI $GPRO $CAMP $AMBA $SLXP $COST $GTIV $DRTX
4-traders.com
15 Oct 14 13:35:04
Durata Therapeutics : Actavis to Acquire Durata Therapeutics, Inc. http://t.co/COc0HunYGJ $DRTX
WallStreetConsensus
15 Oct 14 12:58:43
Downgrades 10/15: $THS, $INTC, $DRTX, $MAS, $OXY http://t.co/gBPw9rfuY4
Ticker Report
15 Oct 14 11:26:44
Credit Suisse Downgrades Durata Therapeutics to Neutral $DRTX http://t.co/ciqnWWvKsU
Smarter Analyst
15 Oct 14 09:52:40
$DRTX Durata Therapeutics: Moving To Neutral On Likely Closure Of Actavis Takeout, Says Roth Capital http://t.co/QMM1bH419z
Sleek Money
15 Oct 14 09:43:51
Durata Therapeutics Downgraded by Roth Capital $DRTX http://t.co/0uTDZ0f3Me
unlimited upside
15 Oct 14 09:38:13
@ChetStedman5 Look, $DRTX and $CHTP were acquired. What сan go wrong with $MNKD? All the 3 names were mentioned here: http://t.co/lk5WKQV4Qp
The Fly
15 Oct 14 07:02:27
$DRTX $HPQ $HL $INTC $MAS $EDU $NFBK $OXY $SBMRY $THS $WPT On The Fly: Analyst Downgrade Summary: Full Story http://t.co/ejHiNqUZeP
Media Sentiment
15 Oct 14 06:11:07
$DRTX received a new alert. Find out why at http://t.co/5udYd0Ofs6 #stocks #daytrading #trading #mkt #NYSE #NASDAQ #markets 194
				
				
  +Follow June 27, 2013 7:51PM
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