NEW YORK (TheStreet) -- Cell Therapeutics
(CTIC - Get Report) shares are climbing, up 16% to $2.94 on Thursday, after having coverage initiated with a "buy" rating by analysts at Ladenburg
(LTS - Get Report).
The firm set a price target of $6 on the shares, suggesting a 124% increase from the stock's opening price today.
TheStreet profiled the company and its experimental Jak-2 inhibitor for myelofibrosis, pacritinib, back in January.
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