This biopharmaceutical company has seen a mixed track record when it comes to estimate revisions of 2 increases and 1 decrease in the last 30 days. Meanwhile, the Zacks Consensus Estimate has moved higher over the same period. This implies solid trading potential for the company. So make sure to keep an eye on this stock going forward to see if yesterday’s rally can turn into more strength down the road.
Sunesis Pharmaceuticals currently has a Zacks Rank #3 (Hold) and its Earnings ESP is 0.00%.
Some better-ranked biomedical stocks worth considering are Myriad Genetics Inc. (MYGN), Ligand Pharmaceuticals Inc. (LGND) and Halozyme Therapeutics, Inc. (HALO). All three stocks sport a Zacks Rank #1 (Strong Buy).
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