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UPDATE: MLV & Co Initiates Coverage On pSivida On Multiple Positive Factors

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In a report published Monday, MLV & Co analyst Graig C. Suvannavejh initiated coverage on *pSivida Corp.* (NASDAQ: PSDV) with a Buy rating and $6.00 price target.

In the report, MLV & Co noted, “We're attending ARVO (the annual mtg for retinal specialists), and live from Orlando, we initiate on PSDV at a Buy/$6 PT (64% upside). Reported by Benzinga.com 6 hours ago.

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