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Kindred downgraded

Mar. 07, 2014 10:23 AM ETElanco Animal Health Incorporated (ELAN) StockELANBy: Douglas W. House, SA News Editor
  • Roth Capital downgrades recent IPO Kindred Biosciences (NASDAQ:KIN) to Neutral due to valuation with a price target of $25. Shares currently exchange hands at $23.50.
  • KIN debuted in December. Share peaked at $26.89 on February 27, up 125% from its opening day close of $11.95.
  • 28 mutual funds have positions.

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