By: Benzinga
January 04, 2013 at 09:59 AM EST
UPDATE: Piper Jaffray Initiates Coverage on Avanir Pharmaceuticals with Overweight Rating, $6 PT
In a report published Friday, Piper Jaffray & Co. initiated coverage on Avanir Pharmaceuticals (NASDAQ: AVNR ) with an Overweight rating and $6.00 price target. Piper Jaffray noted, “We are initiating on Avanir with an Overweight rating and $6 price target. Avanir develops drugs for neurological diseases with one product,
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