CYTRX CORP (CYTR) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of CYTRX CORP (CYTR) from OUTPERFORM to NEUTRAL on August 23, 2012, with a target price of $4.80.

CYTRX CORP. is engaged in the development and commercialization of pharmaceutical related products and services including human therapeutics focused on high-value critical- care therapies.

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