Organovo (ONVO) Misses Q1 EPS by 1c

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Cantor Fitzgerald Downgrades Organovo Holdings (ONVO) to Hold

August 11, 2015 6:32 AM EDT

Cantor Fitzgerald downgraded Organovo Holdings (NYSE: ONVO) from Buy to Hold with a price target of $3.50 (from $6.00) following lackluster sales which lowers their confidence.

Analyst Caroline Corner commented, "Organovo management reported fiscal 1Q:16 earnings after market close on August 10. We are underwhelmed by... More