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GALT

Galectin Therapeutics

$1.13

-0.09 (-7.38%)

06:30
10/03/16
10/03
06:30
10/03/16
06:30

Galectin Therapeutics downgraded to Market Perform from Outperform at FBR Capital

FBR Capital analyst Vernon Bernardino downgraded Galectin Therapeutics to Market Perfrom and lowered its price target to $2 from $12 following the failure of NASH-FX to meet its primary and secondary endpoints. The study was one of two ongoing Phase II clinical trials to evaluate GALTb's galectin-3 inhibitor drug candidate, GRMD-02, in patients with non-alcoholic steatohepatitis.

GALT Galectin Therapeutics
$1.13

-0.09 (-7.38%)

07/01/16
ROTH
07/01/16
INITIATION
Target $3
ROTH
Buy
Galectin Therapeutics coverage resumed with a Buy at Roth Capital
Roth Capital analyst Sa'ar Yaniv resumed coverage of Galectin Therapeutics with a Buy rating and $3 price target.
09/28/16
ROTH
09/28/16
DOWNGRADE
Target $0.75
ROTH
Sell
Galectin Therapeutics downgraded to Sell from Buy at Roth Capital
Roth Capital analyst Sa'ar Yaniv downgraded Galectin Therapeutics to Sell from Buy after the company announced that NASH-FX, GR-MD-02's Phase 2a study in NASH fibrosis, failed both primary and secondary endpoints. The analyst estimates Galectin has approximately $15M, sufficient to last through mid-2017, with the next significant milestone likely in December 2017. Yaniv expects the shares to continue to experience downward pressure over the coming 15 months. He lowered his price target on the stock to 75c from $3.
09/28/16
09/28/16
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Alphabet (GOOG, GOOGL) downgraded to Underperform from Neutral at Wedbush with analyst James Dix citing concerns that the "Four Horsemen of the Search Apocalypse" -- self-identified consumers, consumer control of IP-delivered ads, payments innovation, and attention markets -- might arrive. 2. AT&T (T) downgraded to Neutral from Buy at UBS with analyst John Hodulik citing expectations for lower earnings growth. 3. Macy's (M) downgraded to Neutral from Outperform at Credit Suisse with analyst Michael Exstein saying the retailer, after outlining in August its operations and merchandising strategies, is now in an execution phase. 4. Twitter (TWTR) downgraded to Underperform from Neutral at Mizuho and to Sell from Hold at Loop Capital. 5. Galectin Therapeutics (GALT) downgraded to Sell from Buy at Roth Capital with analyst Sa'ar Yaniv citing the company's announcement that NASH-FX, GR-MD-02's Phase 2a study in NASH fibrosis, failed both primary and secondary endpoints. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
09/29/16
HCWC
09/29/16
DOWNGRADE
Target $1.5
HCWC
Neutral
Galectin Therapeutics downgraded to Neutral from Buy at H.C. Wainwright
H.C. Wainwright analyst Ed Arce downgraded Galectin Therapeutics to Neutral after the company reported that the Phase 2 NASH-FX trial missed its primary endpoint. The analyst cut his price target for the shares to $1.50 from $8. He has "increased doubts about the true therapeutic effect of GR-MD-02 on fibrosis or cirrhosis."

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General news
FX Update: The dollar edged out fresh recovery highs »

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MS

Morgan Stanley

$55.35

0.75 (1.37%)

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BNY Mellon

$57.89

0.35 (0.61%)

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Earnings
Notable companies reporting before tomorrow's open »

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Morgan Stanley

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BNY Mellon

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BB&T

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PPG

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MTB

M&T Bank

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KEY

KeyCorp

$21.26

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JBHT

J.B. Hunt

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ARNA

Arena Pharmaceuticals

$34.36

0.48 (1.42%)

20:24
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Initiation
Arena Pharmaceuticals initiated at Credit Suisse »

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ROSE

Rosehill Resources

$7.96

0.01 (0.13%)

20:12
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Initiation
Rosehill Resources initiated at Northland »

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HES

Hess Corp.

$54.02

0.48 (0.90%)

20:10
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Initiation
Hess Corp. initiated at Macquarie »

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OXY

Occidental Petroleum

$75.86

0.59 (0.78%)

20:10
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Initiation
Occidental Petroleum initiated at Macquarie »

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  • 14

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JUNO

Juno Therapeutics

$69.25

23.65 (51.86%)

19:53
01/17/18
01/17
19:53
01/17/18
19:53
Downgrade
Juno Therapeutics rating change at Citi »

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WP

Worldpay

$77.89

-0.37 (-0.47%)

19:52
01/17/18
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19:52
01/17/18
19:52
Upgrade
Worldpay rating change at BMO Capital »

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FRAC

Keane Group

$18.51

0.63 (3.52%)

19:52
01/17/18
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19:52
Syndicate
Keane Group 13.3M share Secondary priced at $18.25 »

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  • 18

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INTC

Intel

$44.39

1.25 (2.90%)

19:24
01/17/18
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19:24
Hot Stocks
Intel says issued firmware updates for 90% of CPUs in past vie years »

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TOSBF

Toshiba, also use TOSYY

, TOSYY

Toshiba, also use TOSBF

$16.95

-0.01 (-0.06%)

19:11
01/17/18
01/17
19:11
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19:11
Periodicals
Toshiba's Westinghouse to forgo bankruptcy, Reuters reports »

Westinghouse Electric…

TOSBF

Toshiba, also use TOSYY

TOSYY

Toshiba, also use TOSBF

$16.95

-0.01 (-0.06%)

BAM

Brookfield

$43.10

0.42 (0.98%)

03/08/13
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RDS.A

Royal Dutch Shell

$70.20

0.22 (0.31%)

, RDS.B

Royal Dutch Shell

$72.34

0.35 (0.49%)

19:02
01/17/18
01/17
19:02
01/17/18
19:02
Periodicals
Shell, BP each agree to purchase Libyan oil, Bloomberg reports »

Royal Dutch Shell (RDS.A)…

RDS.A

Royal Dutch Shell

$70.20

0.22 (0.31%)

RDS.B

Royal Dutch Shell

$72.34

0.35 (0.49%)

BP

BP

$42.88

0.42 (0.99%)

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  • 18

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AAPL

Apple

$179.10

2.91 (1.65%)

18:31
01/17/18
01/17
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18:31
Hot Stocks
Trump says Apple investments 'huge win for American workers' »

President Donald Trump…

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  • 01

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MPVD

Mountain Province Diamonds

$2.83

0.075 (2.73%)

18:22
01/17/18
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18:22
Hot Stocks
Mountain Province Diamonds provides update on Gahcho Kue Mine exploration »

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WAC

Walter Investment

$0.76

0.0347 (4.81%)

18:17
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Hot Stocks
Walter Investment prepackaged Chapter 11 plan approved by court »

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TM

Toyota

$140.72

2.75 (1.99%)

, KBSTY

Kobe Steel

18:10
01/17/18
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18:10
Periodicals
Toyota not affected by Kobe Steel false data scandal, Nikkei reports »

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TM

Toyota

$140.72

2.75 (1.99%)

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Kobe Steel

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CBOE

Cboe Global Markets

$131.52

0.73 (0.56%)

, BTC

Bitcoin

17:47
01/17/18
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Hot Stocks
Cboe conducts first settlement of Cboe bitcoin futures »

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CBOE

Cboe Global Markets

$131.52

0.73 (0.56%)

BTC

Bitcoin

BITCOIN

Bitcoin

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  • 09

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GWRE

Guidewire

$75.64

0.19 (0.25%)

17:46
01/17/18
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17:46
Hot Stocks
Guidewire director sells 6,000 common shares »

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AAPL

Apple

$179.10

2.91 (1.65%)

17:40
01/17/18
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17:40
Recommendations
Apple analyst commentary at Piper Jaffray »

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  • 01

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OBE

Obsidian Energy

$1.21

-0.03 (-2.42%)

17:36
01/17/18
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17:36
Hot Stocks
Breaking Hot Stocks news story on Obsidian Energy »

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SN

Sanchez Energy

$5.81

0.16 (2.83%)

17:33
01/17/18
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17:33
Hot Stocks
Breaking Hot Stocks news story on Sanchez Energy »

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NTDOY

Nintendo

$51.53

1.55 (3.10%)

17:32
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Hot Stocks
Nintendo announces Nintendo Labo accessories for Switch consoles »

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  • 17

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PTC

PTC

$66.70

1.41 (2.16%)

, ESIO

Electro Scientific

$22.01

1.91 (9.50%)

17:28
01/17/18
01/17
17:28
01/17/18
17:28
Hot Stocks
On The Fly: After Hours Movers »

UP AFTER EARNINGS: PTC…

PTC

PTC

$66.70

1.41 (2.16%)

ESIO

Electro Scientific

$22.01

1.91 (9.50%)

NEOT

Neothetics

$1.92

0.0793 (4.31%)

PLXS

Plexus

$64.36

0.59 (0.93%)

AA

Alcoa

$56.99

0.75 (1.33%)

SLM

Sallie Mae

$11.49

0.02 (0.17%)

ARWR

Arrowhead

$5.72

0.12 (2.14%)

PRTK

Paratek Pharmaceuticals

$17.68

-0.075 (-0.42%)

IIPR

Innovative Industrial Properties

$31.30

-2.49 (-7.37%)

ECC

Eagle Point Credit

$19.13

-0.39 (-2.00%)

AGIO

Agios Pharmaceuticals

$70.33

1.53 (2.22%)

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    Jan

BTU

Peabody Energy

$40.00

0.42 (1.06%)

17:17
01/17/18
01/17
17:17
01/17/18
17:17
Hot Stocks
Breaking Hot Stocks news story on Peabody Energy »

Discovery Capital reduces…

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  • 07

    Feb

MLNX

Mellanox

$64.30

-0.45 (-0.69%)

17:12
01/17/18
01/17
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17:12
Hot Stocks
Starboard to nominate nine directors for election at Mellanox »

Starboard Value, the…

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  • 18

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