H.C. Wainwright analyst Joseph Pantginis halved his price target for Soligenix to $5.50 from $11 to reflect the recent equity raise and the pushout of his projected launch year for SGX301 from 2019 to 2020. The analyst, however, keeps a Buy rating on the shares following the company's Q3 results.
These names in the biotech sector are seeing a substantial increase in search activity today, as determined by InvestingChannel. They include: Intra-Cellular Therapies... To see the rest of the story go to thefly.com. See Story Here