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Kadmon Holdings (NYSE:KDMN) target price raised to $12.00, reported today by Citigroup

Just yesterday Kadmon Holdings (NYSE:KDMN) traded 3.41% lower at $9.97. The company’s 50-day moving average is $9.71 and its 200-day average is $9.71. The last stock close is up 24.12% from the two hundred day moving average, compared with the S&P 500 Index which has fallen -0.01% over the same period. Trade volume was was down over the average, with 43,003 shares of KDMN changing hands under the typical 103,248 shares..

In a statement issued on 8/22/2016 Citigroup increased the target price of Kadmon Holdings (NYSE:KDMN) from $0 to $12 stating a possible upsideof 0.20%.

Performance Chart:

Kadmon Holdings (NYSE:KDMN)

With a market capitalization of $0.0, Kadmon Holdings has a PE of 0 with a one-year low of $7.29 and a 52 week high of $10.48.

Brief Synopsis On Kadmon Holdings (NYSE:KDMN)

Kadmon Holdings, Inc., formerly Kadmon Holdings, LLC, is a biopharmaceutical company, which is engaged in the discovery, development and commercialization of small molecules and biologics. The Company is developing product candidates within autoimmune and fibrotic diseases, oncology and genetic diseases. The Company offers KD025, Tesevatinib in Oncology, Tesevatinib in polycystic kidney disease (PKD) and KD034. It offers tablets and capsules, such as Ribasphere RibaPak, Ribasphere tablets, Ribasphere, Qsymia, Tetrabenazine and Valganciclovir. KD025 is its candidate in its rho-associated coiled-coil kinase 2 (ROCK2) platform, which is an oral, selective ROCK2 inhibitor. Tesevatinib is an oral tyrosine kinase inhibitor (TKI) designed to block molecular drivers of tumor growth, metastases and drug resistance. KD034 is its portfolio of formulations of trientine hydrochloride, a chelating compound for the removal of excess copper from the body, and for the treatment of Wilson’s disease.

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