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Published on 5/17/2006 in the Prospect News Biotech Daily.

Hollis-Eden on hold by Jefferies

Hollis-Eden Pharmaceuticals, Inc. was given a hold rating and a $5.50 price target by Jefferies & Co., Inc. analyst Adam Walsh. The company's first-quarter loss per share of $0.30 was in line with Street consensus. Shares of the San Diego, Calif., pharmaceutical company were up $0.05, or 1.05%, at $4.79 on volume of 97,114 shares versus the three-month running average of 156,716 shares. (Nasdaq: HEPH)


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