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Human Genome reiterated at market outperform by JMP
Human Genome Sciences Inc. was reiterated at a market outperform rating with a $15 price target by JMP Securities analyst Charles C. Duncan. The company's financial results were termed a non-event, with mixed results for fourth-quarter and fiscal year 2005. Revenues were better than expected but missed JMP's and consensus estimates on net loss. Shares of the Rockville, Md., biopharmaceutical company were down 3 cents, or 0.29%, at $10.49 on volume of 2,919,875 shares versus the three-month running average of 3,095,250 shares. (Nasdaq: HGSI)
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