RBC ups Pozen price target to $20

RBC Capital Markets analyst Ken Trbovich reiterated Pozen, Inc. at outperform, speculative risk, and raised the price target to $20 from $15. The company reported a net loss of $0.14 compared to RBC's estimate of $0.14 including non-cash stock-based compensation expense. The analyst will be including stock-based compensation expense in estimates going forward. Shares of the Chapel Hill, N.C.-based development-stage company were down 45 cents, or 2.71%, at $16.18. (Nasdaq: POZN)

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