Posted On: 03/10/2016 7:16:27 PM
Post# of 22868
$CLDX Cowen and Company Reiterates Outperform Rating for Celldex Therapeutics, Inc. (CLDX)
March 10th, 2016 - By Thomas Dobrow - 0 comments
Celldex Therapeutics logoCelldex Therapeutics, Inc. (NASDAQ:CLDX)‘s stock had its “outperform” rating reiterated by research analysts at Cowen and Company in a note issued to investors on Tuesday, AnalystRatingsNetwork.com reports. They currently have a $12.00 price objective on the biopharmaceutical company’s stock, down from their previous price objective of $28.00. Cowen and Company’s price target suggests a potential upside of 231.49% from the company’s current price.
Celldex Therapeutics (NASDAQ:CLDX) traded up 1.66% on Tuesday, reaching $3.68. The company’s stock had a trading volume of 1,690,793 shares. Celldex Therapeutics has a 12 month low of $3.45 and a 12 month high of $32.82. The company’s market cap is $363.23 million. The stock’s 50 day moving average price is $7.64 and its 200 day moving average price is $12.52.
Celldex Therapeutics (NASDAQ:CLDX) last announced its quarterly earnings data on Thursday, February 25th. The biopharmaceutical company reported ($0.33) EPS for the quarter, beating the consensus estimate of ($0.35) by $0.02. The firm had revenue of $1.80 million for the quarter, compared to analyst estimates of $0.80 million. The firm’s revenue for the quarter was up 21.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.36) earnings per share. Equities research analysts forecast that Celldex Therapeutics will post ($1.33) earnings per share for the current year.
A number of hedge funds recently bought and sold shares of CLDX. DekaBank Deutsche Girozentrale increased its stake in Celldex Therapeutics by 1.0% in the fourth quarter. DekaBank Deutsche Girozentrale now owns 50,100 shares of the biopharmaceutical company’s stock worth $808,000 after buying an additional 500 shares during the last quarter. The Manufacturers Life Insurance Company increased its stake in Celldex Therapeutics by 1.0% in the fourth quarter. The Manufacturers Life Insurance Company now owns 64,690 shares of the biopharmaceutical company’s stock worth $1,015,000 after buying an additional 662 shares during the last quarter. California State Teachers Retirement System increased its stake in Celldex Therapeutics by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 182,509 shares of the biopharmaceutical company’s stock worth $2,862,000 after buying an additional 2,946 shares during the last quarter. Rhumbline Advisers increased its stake in Celldex Therapeutics by 4.9% in the fourth quarter. Rhumbline Advisers now owns 108,426 shares of the biopharmaceutical company’s stock worth $1,700,000 after buying an additional 5,110 shares during the last quarter. Finally, Bedell Frazier Investment Counseling LLC boosted its stake in shares of Celldex Therapeutics by 9.0% in the fourth quarter. Bedell Frazier Investment Counseling LLC now owns 65,236 shares of the biopharmaceutical company’s stock worth $1,023,000 after buying an additional 5,411 shares during the period.
CLDX has been the subject of several other reports. Wedbush downgraded shares of Celldex Therapeutics from an “outperform” rating to a “neutral” rating and set a $4.00 price objective for the company. in a research report on Monday. Cantor Fitzgerald lowered their price target on shares of Celldex Therapeutics from $31.00 to $25.00 and set a “buy” rating for the company in a report on Friday, February 26th. Brean Capital reiterated a “buy” rating and set a $31.00 price target on shares of Celldex Therapeutics in a report on Monday, November 9th. Leerink Swann downgraded shares of Celldex Therapeutics from an “outperform” rating to a “market perform” rating and lowered their price target for the stock from $30.00 to $4.00 in a report on Monday. Finally, Zacks Investment Research downgraded shares of Celldex Therapeutics from a “buy” rating to a “hold” rating in a report on Monday, January 4th. Seven investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $20.70.
Celldex Therapeutics, Inc is a biopharmaceutical company focused on the development and commercialization of several immunotherapy technologies for the treatment of cancer and other difficult-to-treat diseases. The Company is engaged in the development of targeted immunotherapeutics comprised of antibodies, adjuvants and monotherapies and antibody-drug conjugates that treat cancers and other diseases.
12 Month Chart for NASDAQ:CLDX
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March 10th, 2016 - By Thomas Dobrow - 0 comments
Celldex Therapeutics logoCelldex Therapeutics, Inc. (NASDAQ:CLDX)‘s stock had its “outperform” rating reiterated by research analysts at Cowen and Company in a note issued to investors on Tuesday, AnalystRatingsNetwork.com reports. They currently have a $12.00 price objective on the biopharmaceutical company’s stock, down from their previous price objective of $28.00. Cowen and Company’s price target suggests a potential upside of 231.49% from the company’s current price.
Celldex Therapeutics (NASDAQ:CLDX) traded up 1.66% on Tuesday, reaching $3.68. The company’s stock had a trading volume of 1,690,793 shares. Celldex Therapeutics has a 12 month low of $3.45 and a 12 month high of $32.82. The company’s market cap is $363.23 million. The stock’s 50 day moving average price is $7.64 and its 200 day moving average price is $12.52.
Celldex Therapeutics (NASDAQ:CLDX) last announced its quarterly earnings data on Thursday, February 25th. The biopharmaceutical company reported ($0.33) EPS for the quarter, beating the consensus estimate of ($0.35) by $0.02. The firm had revenue of $1.80 million for the quarter, compared to analyst estimates of $0.80 million. The firm’s revenue for the quarter was up 21.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.36) earnings per share. Equities research analysts forecast that Celldex Therapeutics will post ($1.33) earnings per share for the current year.
A number of hedge funds recently bought and sold shares of CLDX. DekaBank Deutsche Girozentrale increased its stake in Celldex Therapeutics by 1.0% in the fourth quarter. DekaBank Deutsche Girozentrale now owns 50,100 shares of the biopharmaceutical company’s stock worth $808,000 after buying an additional 500 shares during the last quarter. The Manufacturers Life Insurance Company increased its stake in Celldex Therapeutics by 1.0% in the fourth quarter. The Manufacturers Life Insurance Company now owns 64,690 shares of the biopharmaceutical company’s stock worth $1,015,000 after buying an additional 662 shares during the last quarter. California State Teachers Retirement System increased its stake in Celldex Therapeutics by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 182,509 shares of the biopharmaceutical company’s stock worth $2,862,000 after buying an additional 2,946 shares during the last quarter. Rhumbline Advisers increased its stake in Celldex Therapeutics by 4.9% in the fourth quarter. Rhumbline Advisers now owns 108,426 shares of the biopharmaceutical company’s stock worth $1,700,000 after buying an additional 5,110 shares during the last quarter. Finally, Bedell Frazier Investment Counseling LLC boosted its stake in shares of Celldex Therapeutics by 9.0% in the fourth quarter. Bedell Frazier Investment Counseling LLC now owns 65,236 shares of the biopharmaceutical company’s stock worth $1,023,000 after buying an additional 5,411 shares during the period.
CLDX has been the subject of several other reports. Wedbush downgraded shares of Celldex Therapeutics from an “outperform” rating to a “neutral” rating and set a $4.00 price objective for the company. in a research report on Monday. Cantor Fitzgerald lowered their price target on shares of Celldex Therapeutics from $31.00 to $25.00 and set a “buy” rating for the company in a report on Friday, February 26th. Brean Capital reiterated a “buy” rating and set a $31.00 price target on shares of Celldex Therapeutics in a report on Monday, November 9th. Leerink Swann downgraded shares of Celldex Therapeutics from an “outperform” rating to a “market perform” rating and lowered their price target for the stock from $30.00 to $4.00 in a report on Monday. Finally, Zacks Investment Research downgraded shares of Celldex Therapeutics from a “buy” rating to a “hold” rating in a report on Monday, January 4th. Seven investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $20.70.
Celldex Therapeutics, Inc is a biopharmaceutical company focused on the development and commercialization of several immunotherapy technologies for the treatment of cancer and other difficult-to-treat diseases. The Company is engaged in the development of targeted immunotherapeutics comprised of antibodies, adjuvants and monotherapies and antibody-drug conjugates that treat cancers and other diseases.
12 Month Chart for NASDAQ:CLDX
Frustrated with your broker? Are you tired of paying high fees? Do you feel like you are getting ripped off by your stock broker? It's time for a change. Find out which brokerage is best for your personal trading style at the InvestorPlace Broker Center. Compare brokers at a glance in the InvestorPlace Broker Center (Click Here).
Receive News & Ratings for Celldex Therapeutics Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Celldex Therapeutics Inc. and related companies with MarketBeat.com's FREE daily email newsletter.
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I'm in it to win it!
NASDAQ DIP and RIP
Here is the best word that describes what i do here.
Intuitive;
means having the ability to understand or know something without any direct evidence or reasoning process.
I was born with it, I'm truly blessed!
Alway's searching for winners'
NASDAQ DIP and RIP
Here is the best word that describes what i do here.
Intuitive;
means having the ability to understand or know something without any direct evidence or reasoning process.
I was born with it, I'm truly blessed!
Alway's searching for winners'
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