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Analyst: CytomX Therapeutics Validated By AbbVie Decision
Wednesday, July 10, 2019 - 11:57am | 358AbbVie Inc (NYSE: ABBV) has selected a second target under an existing collaboration with CytomX Therapeutics Inc (NASDAQ: CTMX) for probody technology. This development is “incrementally positive” for CytomX Therapeutics and validates its probody technology and commercial potential,...
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Cantor Fitzgerald Double Downgrades NewLink Genetics After Incyte's Disappointing Trial
Monday, April 9, 2018 - 10:29am | 422NewLink Genetics Corp (NASDAQ: NLNK), a late-stage biopharmaceutical company that focuses on cancer treatments, said on Friday it will review its clinical program after Merck & Co., Inc. (NYSE: MRK) and Incyte Corporation (NASDAQ: INCY) said their clinical trial of the similar drug epacadostat...
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Analyst: NewLink Shares Have Doubled This Month And There's Still Room For More Upside
Monday, September 11, 2017 - 3:15pm | 644Investors and analysts don’t seem to be in lockstep when it comes to NewLink Genetics Corp (NASDAQ: NLNK)’s potential. On Monday, the biotech firm secured Buy reiterations from Stifel Nicolaus and Cantor Fitzgerald, and last week, it earned upgrades to Buy from Jefferies and Baird...
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Progenics Shares Could Double, According To Cantor
Wednesday, July 12, 2017 - 3:58pm | 415Cantor Fitzgerald analyst Mara Goldstein initiated coverage on Progenics Pharmaceuticals, Inc. (NASDAQ: PGNX) with an Overweight rating and $15 price target. The stock jumped 2.4 percent Wednesday to $6.86; the price target represents a 114 percent upside. Goldstein believes the company will gain...
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Disappointment In Corvus Pharma Understandable, But Selloff May Have Been Overdone
Wednesday, April 5, 2017 - 4:58pm | 275Corvus Pharmaceuticals Inc (NASDAQ: CRVS) nearly half its value Tuesday following the release of interim results of its Phase 1 study of CPI-444, designed to treat patients with advanced cancers. Cantor Fitzgerald believes the selloff is understandable, but feel it has been overdone. The firm...
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Biotech Winners And Losers From ASH Conference
Friday, December 9, 2016 - 12:59pm | 569The American Society of Hematology (ASH) held its annual December meeting in San Diego, where some of the biggest biotech companies announced clinical trial results, new drug updates and future initiatives. In separate reports, Cantor Fitzgerald analysts mentioned their takes on the announcements...
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Ignyta's Entrectinib Data May Come By Year's End; Cantor Keeps Buy Rating, But Stock Slips 4%
Friday, June 17, 2016 - 2:04pm | 300Cantor analyst Mara Goldstein likes Ignyta Inc (NASDAQ: RXDX) shares for the opportunity provided by Entrectinib, which has multiple indications. As a result, she is confident that the drug could generate a bigger market than expected. The brokerage reiterated its rating of Buy and kept $18.00 as...
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Cantor On Oncobiologics: 'Biosimilar Play With Potential For Interchangeability'
Tuesday, June 7, 2016 - 10:44am | 284Cantor analysts, Mara Goldstein and Monica Gorman, believe that there existed Biosimilar play with potential for interchangeability in respect of Oncobiologics Inc (NASDAQ: ONSIU) shares. As a result, the two analysts have initiated the stock with a Buy Rating and kept a price tag of $15.00....
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Cantor Thinks Relypsa's Veltassa Opportunity Is Still Developing
Tuesday, May 17, 2016 - 11:26am | 306Relypsa Inc (NASDAQ: RLYP) released the April sales data for Veltassa. Cantor Fitzgerald’s Mara Goldstein reiterated a Buy rating on the company, with a price target of $41. Developing Opportunity “Our view has been that the Veltassa launch would be the biggest risk to Relypsa shares,...
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Cantor Says Relypsa's Veltassa Metrics Look Favorable
Thursday, May 5, 2016 - 9:32am | 251Relypsa Inc (NASDAQ: RLYP) shares have plummeted 51 percent year-to-date, under pressure from debt-financing related concerns. Cantor Fitzgerald’s Mara Goldstein reiterated a Buy rating for the company, while reducing the price target from $42 to $41. The analyst believes the 1Q16 results...
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Radius Health's Overhangs Were Just Removed: Buy Time
Thursday, March 31, 2016 - 2:24pm | 399The filing of NDA for Abaloparatide-SC removes a key overhang on the shares of Radius Health Inc (NASDAQ: RDUS), according to Cantor Fitzgerald. Radius Health announced that it has submitted a New Drug Application (NDA) to the United States Food and Drug Administration (FDA) for abaloparatide–SC 80...
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Is Financing An Overhang For Relypsa?
Thursday, February 25, 2016 - 11:43am | 274Cantor Fitzgerald's Mara Goldstein reiterated a Buy rating on Relypsa Inc (NASDAQ: RLYP), with a price target of $42. Mentioning that the "Veltassa prescription data released by RLYP looks good," Goldstein said that the numbers looked especially robust when compared to "...
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Cantor Reiterates Buy On Relypsa Following Veltassa Launch
Monday, December 28, 2015 - 10:10am | 282The share price of Relypsa Inc (NASDAQ: RLYP) has appreciated 41.62 percent over the past three months to reach $28.89 on December 24. Mara Goldstein of Cantor Fitzgerald has reiterated a Buy rating and price target of $42 on the company. Following the official launch of Veltassa,...
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Cantor, Brean Capital Like Celldex Therapeutics Following Positive Data For Brain Tumor Therapy
Monday, June 1, 2015 - 2:13pm | 526Celldex Therapeutics, Inc. (NASDAQ: CLDX) shares were up more than 10 percent in pre-market trading today after the biopharmaceutical company released positive trial results from the Rintega study. The study successfully reached its primary endpoint of progression-free survival at six months in...
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Analyst Points At 3 Upcoming Biotech Lock-Up Expirations
Friday, April 17, 2015 - 8:53am | 331Lock-ups on three biotech companies will expire later this quarter and an analyst warned that their shares could then lag the market. Cantor Fitzgerald's Mara Goldstein said that following lockup expirations, companies in the sector on average underperform the Nasdaq Biotechnology Index by...