Galena Biopharma (GALE) Reports Q4 Loss Per Share of 6c, Reiterates FY15 Rev. Guidance

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Galena Biopharma (GALE) PT Lowered at Needham & Company But Still Sees Shares Doubling

March 6, 2015 10:00 AM EST

Needham & Company analyst Chad Messer lowered his price target on Galena Biopharma (NASDAQ: GALE) to $4.00 (from $7.00) but maintained his Buy rating. The new price target represents 100% upside from yesterday's closing price.

Messer commented, "Abstral put in its best quarter since launch with $3.2... More

Roth Affirms Galena Biopharma (GALE) at 'Buy' Following Q4 Report; Still Sees FY15/FY16 as Busy Time Frame

March 6, 2015 8:42 AM EST

Roth Capital reiterates its Buy rating and $8 price target on Galena Biopharma (Nasdaq: GALE) following Q4, FY14 results reported Thursday night.

Analyst Joseph Pantginis noted that Galena's FY14 revenue of $9.32 million and loss of $0.31 per share compare with the firm's outlook calling for revenue of $8.5 million and loss of $0.35 per share.

Pantginis offered the following post-report commentary: 2015 represents a... More