Celldex Therapeutics (CLDX) Tops Q1 EPS by 3c

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Go back to Celldex Therapeutics (CLDX) Tops Q1 EPS by 3c

Celldex (CLDX) Bullish Stance Reiterated at Cantor Fitzgerald Following Q1 and Update

April 30, 2015 9:42 AM EDT

Cantor Fitzgerald analyst Mara Goldstein reiterated a Buy rating and $38 price target on Celldex Therapeutics (NASDAQ: CLDX) following in-line Q1 results and an pipeline update.

The analyst notes that at the end of the quarter, Celldex had $360 million in cash. "This seems sufficient to us to last into 2017, though could be impacted by the regulatory and commercialization plans for Rintega (rindopepimut),"... More