XOMA CORP (XOMA) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of XOMA CORP (XOMA) from OUTPERFORM to NEUTRAL on February 08, 2012, with a target price of $1.80.

XOMA Corporation is a biopharmaceutical company engaged in the discovery, development, and manufacturing of therapeutic antibodies to treat autoimmune, infectious, inflammatory, and oncological diseases. The company's flagship product is gevokizumab, a humanized antibody to interleukin-1 with potential for the treatment of the inflammatory cause of multiple diseases. XOMA Corporation, formally known as XOMA Ltd., is headquartered in Berkeley, California.

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