Piper Jaffray Initiates Unilife With Overweight

Analysts at Piper Jaffray initiated coverage on

with a Overweight rating. The target price for Unilife is set to $10. Unilife shares have declined 3.83% over the past 52 weeks, while the S&P 500 index has surged 12.47% in the same period. Unilife shares climbed 3.73% to $4.17 in pre-market trading.