Galmed Announces ARRIVE Study Data

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H.C. Wainwright Remains Bullish on Galmed Pharma (GLMD) Followng Sell Off

February 15, 2018 8:58 AM EST

H.C. Wainwright reiterated a Buy rating and $24.00 price target on Galmed Pharmaceuticals (NASDAQ: GLMD) following the company's announcement that the ARRIVE study did not meet its primary endpoint of improvement in liver fat at 12 weeks. Shares closed at $5.45, down -42.4%, after recovering somewhat... More

H.C. Wainwright Remains Bullish on Galmed Pharma (GLMD) Followng Sell Off

February 15, 2018 8:58 AM EST

H.C. Wainwright reiterated a Buy rating and $24.00 price target on Galmed Pharmaceuticals (NASDAQ: GLMD) following the company's announcement that the ARRIVE study did not meet its primary endpoint of improvement in liver fat at 12 weeks. Shares closed at $5.45, down -42.4%, after recovering somewhat... More