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Merriman Curhan Positive On Celldex Therapeutics (CLDX) After Results and Ahead of Events

November 4, 2009 11:11 AM EST
CLDX Hot Sheet
Rating Summary:
    5 Buy, 0 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 24 | Down: 13 | New: 29
Merriman Curhan Ford issues comments on Celldex Therapeutics, Inc. (Nasdaq: CLDX) after Q3 results. The firm expect positive incremental catalysts in the near term. "Updated Phase II breast cancer data with CDX-011 (formerly Curagen's CRO-011) will be presented at the San Antonio Breast Cancer Symposium, December 9-13." The firm reiterated their Buy rating and $14-$15 price target.

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