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GERN

Geron

$2.65

-0.17 (-6.03%)

, JNJ

Johnson & Johnson

$132.72

0.87 (0.66%)

19:02
07/31/17
07/31
19:02
07/31/17
19:02

Geron: IMerge trial to be expanded, IMbark trial to remain unchanged

Geron Corporation (GERN) announced updates to the clinical development plans for IMerge and IMbark, the ongoing trials of the telomerase inhibitor imetelstat in lower risk myelodysplastic syndromes and relapsed or refractory myelofibrosis, respectively, being conducted by Janssen Research & Development (JNJ). For IMerge, Part 1 will be expanded to enroll additional patients in a refined MDS population to confirm the clinical benefit and safety observed from current results. For IMbark, the trial remains unchanged. Geron expects that the IMbark protocol-specified primary analysis, the completion of which triggers a future Continuation Decision by Janssen, will begin no later than the third quarter of 2018.

GERN

Geron

$2.65

-0.17 (-6.03%)

JNJ

Johnson & Johnson

$132.72

0.87 (0.66%)

  • 09

    Aug

  • 26

    Aug

  • 22

    Sep

GERN Geron
$2.65

-0.17 (-6.03%)

08/19/16
BTIG
08/19/16
INITIATION
BTIG
Neutral
Geron initiated with a Neutral at BTIG
BTIG analyst Ling Wang initiated Geron with a Neutral saying the company is in a period of executing on two large trials in MF and MDS with a relatively thin data flow and expects shares to be range-bound until major data release, potentially in late 2017 or 2018.
09/13/16
09/13/16
NO CHANGE
Target $5

Outperform
Geron price target lowered to $5 from $6 at FBR Capital
FBR Capital analyst Thomas Yip lowered his price target for Geron to $5 citing higher clinical risk for imetelstat and a six-month delay of his projected approval for the myelofibrosis indication. The analyst views the Phase II IMbark 12-week analysis as inconclusive and says he remains confident in imetelstat. Yip keeps an Outperform rating on Geron.
03/06/17
03/06/17
NO CHANGE

FBR sees 'prime' merger environment for biotechs under Trump
Potential tax reform and FDA policy changes under President Trump could "prime the pump" for acquisitions of clinical-stage biotech companies by Big Pharma, FBR Capital analysts led by Chris Meekins tell investors in a research note. These police moves, coupled with the repeal of some taxes associated with the Affordable Care Act, are likely to increase funds for companies looking to make acquisitions, the analysts contend. Within its coverage universe, FBR sees TESARO (TSRO), Agile Therapeutics (AGRX), Kite Pharma (KITE), Juno Therapeutics (JUNO), Acceleron Pharma (XLRN), Abeona Therapeutics (ABEO), Aurinia Pharmaceuticals (AUPH), Geron (GERN) and Genocea Biosciences (GNCA) as "primary targets for those looking to make acquisitions."
JNJ Johnson & Johnson
$132.72

0.87 (0.66%)

07/21/17
BTIG
07/21/17
DOWNGRADE
Target $110
BTIG
Sell
Johnson & Johnson downgraded to Sell from Neutral at BTIG
BTIG analyst Dane Leone downgraded Johnson & Johnson to Sell from Neutral as he expects the company's Pharmaceuticals segment to see "lackluster" sales growth through 2021 and he remains skeptical of the long-term value from the Actelion acquisition. Leone has a $110 price target on J&J shares.
07/21/17
ATLE
07/21/17
DOWNGRADE
Target $113
ATLE
Underweight
Johnson & Johnson downgraded to Underweight from Neutral at Atlantic Equities
Atlantic Equities analyst Steve Chesney downgraded Johnson & Johnson to Underweight while raising his price target for the shares to $113 from $112.
07/21/17
ATLE
07/21/17
DOWNGRADE
Target $113
ATLE
Underweight
J&J downgraded to Underweight on 'growth headwinds' at Atlantic Equities
Atlantic Equities analyst Steve Chesney downgraded Johnson & Johnson to Underweight from Neutral saying the Q2 results "highlight underlying growth headwinds." The analyst also sees more challenging comps into FY18. On the pipeline, Chesney thinks expectations are already high for near-term catalysts including the COMPASS data. The analyst raised his price target for the shares to $113 from $112. J&J closed yesterday up $1.36 to $136.57. BTIG this morning also downgraded the shares to Sell.
07/21/17
07/21/17
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. Johnson & Johnson (JNJ) was downgraded to Sell from Neutral at BTIG and to Underweight from Neutral at Atlantic Equities. 2. Wells Fargo (WFC) downgraded to Sell from Hold at Berenberg with analyst James Chappell saying the bank's competitive advantages have been eroded. 3. RH (RH) downgraded to Hold from Buy at Deutsche Bank with analyst Adam Sindler citing valuation with the stock up 36% over the past month and 15% this week alone. 4. Union Pacific (UNP) downgraded to Hold from Buy at Deutsche Bank with analyst Amit Mehrotra saying moderating volumes as well as risks to industrial production in the second half of the year and beyond will limit share upside over the medium term. 5. Check Point (CHKP) downgraded to Neutral from Overweight at Piper Jaffray with analyst Andrew Nowinski saying with the stock up 27% year-to-date, the valuation has now "reached a peak" given the decelerating billings, product/subscription and free cash flow growth. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

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SVM

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CEL

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GASS

StealthGas

$4.07

0.36 (9.70%)

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CPRT

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DE

Deere

$145.25

6.02 (4.32%)

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Upgrade
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DE

Deere

$145.25

6.02 (4.32%)

06:55
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  • 28

    Nov

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SECO

Seeco Holding

$8.34

0.14 (1.71%)

04:55
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Conference/Events
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BASFY

BASF

$27.39

-0.13 (-0.47%)

04:55
11/23/17
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Conference/Events
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RBS

RBS

$7.30

-0.04 (-0.54%)

04:55
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Conference/Events
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L

Loews

$49.36

-0.02 (-0.04%)

, GE

General Electric

$18.15

0.32 (1.79%)

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L

Loews

$49.36

-0.02 (-0.04%)

GE

General Electric

$18.15

0.32 (1.79%)

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BRFS

BRF S.A.

$12.77

-0.16 (-1.24%)

18:06
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SU

Suncor

$35.42

0.2 (0.57%)

18:02
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  • 05

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SAP

SAP

$113.85

-1.44 (-1.25%)

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Periodicals
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FB

Facebook

$180.87

-0.99 (-0.54%)

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CSX

CSX

$51.01

0.79 (1.57%)

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Periodicals
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AYTU

Aytu BioScience

$3.03

0.4301 (16.54%)

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EPIX

ESSA Pharma

$0.27

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MRDN

Meridian Waste Solutions

$1.69

0.0101 (0.60%)

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APD

Air Products

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