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PFNX

Pfenex

$2.90

0.13 (4.69%)

08:06
01/04/18
01/04
08:06
01/04/18
08:06

Pfenex names Susan Knudson as CFO

Pfenex appointed Susan A. Knudson as CFO, effective February 1. Knudson most recently served as the CFO of Neothetics, a specialty pharmaceutical company, where she led the company's strategic and corporate finance activities.

PFNX Pfenex
$2.90

0.13 (4.69%)

01/25/17
JMPS
01/25/17
NO CHANGE
JMPS
Conduct of former Pfenex CEO unlikely to affect results, says JMP Securities
After Pfenex announced that its CEO had resigned amid allegations of improper conduct involving procedures for third party contracts, JMP Securities analyst Jason Butler, after speaking with the company ,does not expect its past or future financial results to be affected by the former CEO's conduct. He remains confident in the company's management and keeps a $21 price target and an Outperform rating on the shares.
05/08/17
05/08/17
NO CHANGE

Pfenex reports Q1 EPS (43c), consensus (55c)
Reports Q1 revenue $2.8M, consensus $3M.
11/10/17
JMPS
11/10/17
NO CHANGE
Target $8
JMPS
Outperform
Pfenex price target lowered to $8 from $21 at JMP Securities
JMP Securities analyst Jason Butler noted that Pfenex reported Q3 earnings and, "most notably," announced positive interim PK results from the pivotal bioequivalence trial for PF708, a Forteo complex generic. He said he views the PK results as supportive of PF708 approval. Also, Pfenex's strategic review has led to a pause in the Lucentis and Neulasta biosimilar programs. Butler lowered his price target on Pfenex to $8 from $21 after revising his model to include only the PF708 opportunity, but he keeps an Outperform rating on the shares, which closed yesterday at $3.18.

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