Compugen up 4% premarket

Shares of Israel-based Compugen (CGEN) are poised for an up move this morning.

Jeffries Group initiates coverage with a Buy rating.

Consensus revenue estimates for 2014 and 2015 are $18.5M and $22M, respectively.

Shares are up 28% since January 1.

15 mutual funds have positions, up from 11 a year earlier.

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