This clinical-stage biopharmaceutical company has seen three negative estimate revisions in the last 30 days. The Zacks Consensus Estimate has also moved lower over the same period. This implies trouble down the road. So make sure to keep an eye on this stock going forward to see if Friday’s rally can last.
Cara Therapeutics currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.
Investors interested in the biomedical industry may also consider stocks like Biogen Idec Inc. (BIIB), Affymetrix Inc. (AFFX) and ANI Pharmaceuticals, Inc. (ANIP). All the three stocks sport a Zacks Rank #1 (Strong Buy).
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