Nektar maintained by Merrill at buy

Nektar Therapeutics Inc. was maintained by Merrill Lynch analyst Hari Sambasivam at a buy rating with a price target on the stock of $28 per share following second-quarter results. Nektar shares Friday fell $0.71, or 3.84%, to close at $17.76 on volume of 1,310,471 shares versus the three-month running average of 991,365 shares.

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