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Kindred Biosciences' (KIN) Shares March Higher, Can It Continue?

By Zacks Investment ResearchStock MarketsSep 13, 2016 10:57PM ET
www.investing.com/analysis/kindred-biosciences'-(kin)-shares-march-higher,-can-it-continue-200153550
Kindred Biosciences' (KIN) Shares March Higher, Can It Continue?
By Zacks Investment Research   |  Sep 13, 2016 10:57PM ET
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Kindred Biosciences, Inc. (NASDAQ:KIN) has been on the move lately as the stock has risen by 30.8% in the past four weeks, and it is currently trading well above its 20-Day SMA. This is a pretty solid move higher, but the question that has to be on investors’ minds right now is; can this trend continue?

While there can be no telling for sure, it is certainly encouraging that earnings estimates have risen in the past few weeks on the company, suggesting that sentiment on KIN is moving in the right direction. In fact, the stock currently has a Zacks Rank #2 (Buy), suggesting that the recent run could certainly continue for this in-focus company.

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KINDRED BIOSCI (KIN): Free Stock Analysis Report

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Zacks Investment Research
Kindred Biosciences' (KIN) Shares March Higher, Can It Continue?
 

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Kindred Biosciences' (KIN) Shares March Higher, Can It Continue?

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