Avid Bioservices Announces Appointment of Daniel Hart as Chief Financial Officer

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Avid Bioservices (CDMO) PT Raised to $6 at H.C. Wainwright

July 17, 2018 10:22 AM EDT

H.C. Wainwright raised its price target on Avid Bioservices (NASDAQ: CDMO) to $6.00 (from $5.00) while maintaining a Buy rating.

Analyst Joseph Pantginis commented, "Yesterday, CDMO reported F4Q18 and FY18 ended April 30, 2018, posting EPS of $0.03 and ($0.56), respectively, compared with our estimate of ($0.23) and ($0.87) and consensus of ($0.15) and... More