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CLDX

Celldex

$0.28

0.011 (4.17%)

16:05
12/10/18
12/10
16:05
12/10/18
16:05

Celldex announces resignation of board chairman Gerald McMahon

On December 5, 2018, Gerald McMahon, Ph.D. gave notice to the Chairman of the Board of Directors of Celldex Therapeutics, Inc. , of his resignation from the Board, effective December 5, 2018, for personal reasons. Dr. McMahon indicated that his resignation was not the result of any disagreement with the Company on any matters relating to the Company's operations, policies or practices.

CLDX Celldex
$0.28

0.011 (4.17%)

04/16/18
HCWC
04/16/18
NO CHANGE
Target $2.5
HCWC
Buy
Celldex price target lowered to $2.50 from $10 at H.C. Wainwright
H.C. Wainwright analyst Joseph Pantginis lowered his price target for Celldex Therapeutics to $2.50 after the company's Phase 2b study of glembatumumab vedotin compared to Xeloda in patients with metastatic triple-negative breast cancer failed to meet its primary endpoint. The analyst, while admitting he was wrong, is not downgrading the shares. He believes the contribution from varlilumab alone provides value relative to where the shares are trading today. Varlilumab is now officially the lead asset at Celldex, Pantginis tells investors in a research note. He keeps a Buy rating on Celldex. The stock in morning trading is down 60% to 86c.
04/16/18
COWN
04/16/18
DOWNGRADE
COWN
Market Perform
Celldex downgraded to Market Perform from Outperform at Cowen
Cowen analyst Boris Peaker downgraded Celldex to Market Perform from Outperform after the company's Phase 2b METRIC Study of glembatumumab vedotin compared to Xeloda in patients with metastatic triple-negative breast cancers that overexpress gpNMB failed to meet its primary endpoint.
04/17/18
CANT
04/17/18
DOWNGRADE
CANT
Neutral
Celldex downgraded to Neutral from Overweight at Cantor Fitzgerald
04/17/18
CANT
04/17/18
DOWNGRADE
Target $3
CANT
Neutral
Celldex downgraded to Neutral with $3 target at Cantor Fitzgerald
Cantor Fitzgerald analyst Mara Goldstein downgraded Celldex Therapeutics to Neutral from Overweight and cut her price target for the shares to $3 from $9. The analyst ascribed $6 per share in value to glembatumumab vedotin. With the failure of the Metric study and the discontinuation of the program in melanoma, she thinks the rest of the company's pipeline is worth $3 per share. Goldstein thinks the shares are "going to struggle" until there are data from one of the company's four remaining programs.

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AES

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MAN

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RHI

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HTZ

Hertz

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CAR

Avis Budget

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MSFT

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SITC

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UAL

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FAST

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  • 21

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LB

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WCC

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MAN

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