Equities research analysts at Piper Jaffray initiated coverage on shares of Clovis Oncology (NASDAQ: CLVS) in a research note issued to investors on Tuesday. The firm set a “neutral” rating and a $20.00 price target on the stock.

Shares of Clovis Oncology traded up 0.94% during mid-day trading on Tuesday, hitting $24.67. Clovis Oncology has a one year low of $11.19 and a one year high of $27.55. The stock’s 50-day moving average is currently $19.53.

Clovis Oncology, Inc. (Clovis) is a Development-stage Company. The Company is a Biopharmaceutical Company.

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