Maxim Group Downgrades Inovio Pharmaceuticals (INO) to Hold

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Piper Affirms Inovio Pharma (INO) at 'Overweight' Amid Increasingly Visible Clinical Progress

August 8, 2016 11:31 AM EDT

Piper Jaffray affirms Inovio Pharma (NASDAQ: INO) with an Overweight rating and $31 price target following Q2 results reported earlier Monday.

Analyst Charles Duncan summarized: Today Inovio reported 2Q16 financials, ending the quarter with $134.5M in cash. We project this cash will fund pipeline... More

Inovio Pharma (INO) Misses Q2 EPS by 5c

August 8, 2016 8:04 AM EDT

Inovio Pharma (NASDAQ: INO) reported Q2 EPS of ($0.26), $0.05 worse than the analyst estimate of ($0.21). Revenue for the quarter came in at $6.2 million versus the consensus estimate of $4.95 million.

As of June 30, 2016, cash and cash equivalents and short-term investments were $134.5 million compared with $163.0 million as of... More