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GNCA

Genocea

$5.55

1.13 (25.57%)

07:10
06/03/19
06/03
07:10
06/03/19
07:10

Genocea price target raised to $42 from $5.75 at H.C. Wainwright

H.C. Wainwright analyst Joseph Pantginis raised his price target for Genocea Biosciences to $42 from $5.75 after the company present immunological data from the ongoing Phase 1/2a study with GEN-009. With these data, "ATLAS is now squarely thrust into the neoantigen fray with potentially superior data compared to comps that use algorithm approaches," Pantginis tells investors in a research note. He keeps a Buy rating on shares of Genocea.

  • 03

    Jun

GNCA Genocea
$5.55

1.13 (25.57%)

02/28/19
HCWC
02/28/19
NO CHANGE
Target $5.75
HCWC
Buy
Genocea price target raised on higher GEN-009 odds of success at H.C. Wainwright
H.C. Wainwright analyst Joseph Pantginis reiterated his Buy rating on Genocea Biosciences and raised his price target to $5.75 from $5.00 after increasing his projected chance of success for GEN-009 to 15% from 10% based on the "increasingly strong profile" of the ATLAS platform, as demonstrated most recently at SITC 2018. He also adjusted the share count to account for a recent equity raise and projected impacted from a second tranche of this raise. Pantginis keeps a Buy rating on Genocea.

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