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VistaGen Therapeutics (VTGN) Initiated with a Buy at Maxim Group

VistaGen Therapeutics (VTGNResearch Report) received a Buy rating and a $5.00 price target from Maxim Group analyst Jason McCarthy yesterday. The company’s shares closed last Wednesday at $1.55.

According to TipRanks.com, McCarthy has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -29.4% and a 15.4% success rate. McCarthy covers the Healthcare sector, focusing on stocks such as Brainstorm Cell Therapeutics, Lineage Cell Therapeutics, and Actinium Pharmaceuticals.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for VistaGen Therapeutics with a $7.00 average price target.

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The company has a one-year high of $3.55 and a one-year low of $1.06. Currently, VistaGen Therapeutics has an average volume of 1.55M.

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VistaGen Therapeutics, Inc. is a clinical-stage biopharmaceutical company, which engages in the development of new generation medicines to treat diseases and disorders of the central nervous system. Its portfolio focuses on three clinical-stage product; neuropathic pain (NP), levodopa-induced dyskinesia (LID), social anxiety disorder (SAD) and suicidal ideation (SI). Its product include AV-101 product and PH10 neuroactive nasal spray.The company was founded by H. Ralph Snodgrass and Gordon Keller on May 26, 1998 and is headquartered in South San Francisco, CA.

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