UPDATE: Piper Jaffray Initiates Coverage on Chimerix as 2014 Biotech Sector Outlook Remains Strong

By: Benzinga
In a report published Wednesday, Piper Jaffray analyst Joshua E. Schimmer initiated coverage on Chimerix (NASDAQ: CMRX ) with an Overweight rating and $33.00 price target. In the report, Piper Jaffray noted, “We are initiating, resuming or assuming coverage on 16 biotechnology companies. We believe the outlook for the biotech
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