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Bear of the Day

Trimeris, Inc. (TRMS)

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March 06, 2009 | Comment(s): 0
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Trimeris, Inc. (TRMS) develops therapeutic agents for the treatment of viral diseases based on its fusion inhibition technology that blocks viral entry into host cells.

Sales of its lead drug Fuzeon have been declining dramatically since 1Q08 due to fierce competition from Selzentry and Isentress. The collaboration amendment with Roche and several management changes further cast a shadow on the company's future.

We maintain our Sell rating on Trimeris with a $0.50 price target.

Trimeris, Inc. (TRMS) : FULL ANALYST REPORT

Bear of the Day
Every day we feature one stock with a Zacks Recommendation of Sell that is set to underperform over the next 6+ months. We also provide you with free access to the in-depth research report on the stock. If you would like to see all our Buy and Sell rated stocks and in-depth research reports, then check out  Zacks Premium.

Read the full analyst report on TRMS

 

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