CORONADO BIOSCI (CNDO) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of CORONADO BIOSCI (CNDO) from OUTPERFORM to NEUTRAL on January 07, 2014, with a target price of $3.20.

Coronado Biosciences, Inc. is a biopharmaceutical company, engaged in the development of novel immunotherapy agents for cancer and inflammatory diseases. The Company's two principal pharmaceutical product candidates in clinical development are: CNDO-201, a biologic for the treatment of autoimmune diseases, such as Crohn's disease, ulcerative colitis and multiple sclerosis and CNDO-109, a biologic that activates natural killer cells, for the treatment of acute myeloid leukemia and solid tumors. Coronado Biosciences, Inc. is based in Burlington, Massachusetts.

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