Inovio Pharma (INO) Tops Q1 EPS by 3c; Provides Corp. Update

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Stifel Keeps Inovio Pharma (INO) at 'Buy' Following Q1 Report; Cash Position Expected to Remain Firm on New Grants

May 9, 2016 12:44 PM EDT

Stifel affirms Inovio Pharma (Nasdaq: INO) with a Buy rating and $13 price target after the copany reported Q1 EPS of ($0.11), which was $0.03 better than the analyst estimate of ($0.14). Revenue for the quarter came in at $8.1 million versus the consensus estimate of $4.75 million.

Analyst Thomas Shrader commented: Inovio... More