Galena Biopharma (GALE) Misses Q1 EPS by 1c

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Noble Financial Keeps Galena (GALE) at 'Buy'; Interim NeuVax Phase 3 Data Now in Focus

May 11, 2016 3:12 PM EDT

Noble Financial maintains its Buy rating and $3.50 price target on Galena Biopharma, Inc. (Nasdaq: GALE) following Q1 results and update issued Tuesday night.

Analyst Kumaraguru Raja commented, 70 events reached in March and interim safety and futility analysis announcement expected at end... More

Maxim Group Bullish on Galena Biopharma (GALE) Into Interim Analysis of PRESENT Study

May 11, 2016 7:25 AM EDT

Maxim Group analyst Jason Kolbert reiterated a Buy rating and $4 price target on Galena Biopharma (NASDAQ: GALE), saying it 'offers a PRESENT as the data chain chugs along'. Next up is interim analysis.

Kolbert highlighted:

Galena is now cash rich. Management announced a debt financing (May 10, 2016) with the issuance of $25.5M in debentures (30-month term), bringing in $23.4M in net... More