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Jefferies maintains Accentia at hold
Accentia Biopharmaceuticals was maintained by Jefferies & Co., Inc. analyst Adam A. Walsh at a hold rating after the company reported its fourth-quarter earnings with Accentia's $2.04 loss per share beating Jefferies loss-per-share estimate of $2.14. Jefferies said it continues to believe SinuNase represents a $1 billion market opportunity, but before considering a more bullish stance, it is awaiting regulatory clarification. On Dec. 30, shares of the Tampa, Fla., biopharmaceutical company were down 2 cents, or 0.39%, at $5.05 on volume of 38,550 shares versus the three-month running average of 19,339 shares.
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