Moleculin Biotech (NASDAQ:MBRX) Upgraded at StockNews.com

Moleculin Biotech (NASDAQ:MBRXGet Free Report) was upgraded by investment analysts at StockNews.com to a “sell” rating in a research report issued on Wednesday.

A number of other equities research analysts have also weighed in on the company. HC Wainwright restated a “buy” rating and set a $8.00 price objective on shares of Moleculin Biotech in a research note on Monday. Maxim Group raised shares of Moleculin Biotech from a “hold” rating to a “buy” rating and set a $4.00 price target for the company in a research report on Tuesday.

Check Out Our Latest Stock Analysis on Moleculin Biotech

Moleculin Biotech Price Performance

NASDAQ:MBRX opened at $1.15 on Wednesday. Moleculin Biotech has a 1-year low of $0.40 and a 1-year high of $6.23. The firm has a 50-day moving average of $1.33 and a two-hundred day moving average of $2.00.

Moleculin Biotech Company Profile

(Get Free Report)

Moleculin Biotech, Inc, a clinical stage pharmaceutical company, focuses on the development of drug candidates for the treatment of cancers and viruses. Its lead drug candidate is Annamycin, which is in Phase 1B/2 clinical trials for the treatment of relapsed or refractory acute myeloid leukemia (AML) and soft tissue sarcoma metastasized to the lungs.

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