Bank of America Corporation initiated coverage on shares of Ablynx NV (NASDAQ:ABLX) in a research note released on Friday, MarketBeat.com reports. The brokerage issued a buy rating and a $26.00 price target on the stock.
Ablynx NV (NASDAQ:ABLX) traded up $0.12 during trading hours on Friday, reaching $20.87. 176,500 shares of the company’s stock were exchanged, compared to its average volume of 567,500. Ablynx NV has a 12 month low of $17.75 and a 12 month high of $23.66.
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