Will This Coverage Initiation Help BioCryst Pharmaceuticals (BCRX) Stock Today?

NEW YORK (TheStreet) -- J.P. Morgan initiated coverage on BioCryst Pharmaceuticals  (BCRX) with an "overweight" rating and a $20 price target for year-end 2015.

The firm made the decision "based on both the near- and long-term potential of the company's unique, orally administered drug candidates for the prophylactic treatment of hereditary angioedema (HAE), a severely debilitating and potentially lethal orphan genetic disease," according to its research note issued Friday.

The stock was up 5.58% to $13.62 at 9:32 a.m.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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Separately, TheStreet Ratings team rates BIOCRYST PHARMACEUTICALS INC as a "sell" with a ratings score of D-. TheStreet Ratings Team has this to say about their recommendation:

"We rate BIOCRYST PHARMACEUTICALS INC (BCRX) a SELL. This is driven by multiple weaknesses, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. Among the areas we feel are negative, one of the most important has been generally deteriorating net income."

You can view the full analysis from the report here: BCRX Ratings Report

BCRX ChartBCRX data by YCharts

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

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