Sangamo Biosciences (SGMO +9.4%) pops again today after being initiated by Lazard with a Buy...

|About: Sangamo BioSciences, Inc. (SGMO)|By:, SA News Editor

Sangamo Biosciences (SGMO +9.4%) pops again today after being initiated by Lazard with a Buy rating and a target price of $16 a share. The stock's been on fire the couple sessions on no significant news, having risen 18% since Tuesday. Worth noting: the stock has a short ratio of 9.1 and short interest of 6.1M shares at present, versus an average of around 3.15 for its sector.