Liquidia Co. (NASDAQ:LQDA - Get Rating) was the recipient of unusually large options trading activity on Thursday. Stock traders bought 6,623 put options on the stock. This is an increase of approximately 135% compared to the average volume of 2,824 put options.
Several research firms have recently commented on LQDA. Wedbush downgraded shares of Liquidia from a "neutral" rating to an "underperform" rating and lowered their target price for the stock from $4.00 to $3.00 in a report on Thursday. Needham & Company LLC began coverage on shares of Liquidia in a report on Thursday. They issued a "buy" rating and a $12.00 target price on the stock.
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