Dynavax Announces Fourth Quarter and Full Year 2018 Financial Results

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Dynavax Technologies (DVAX) PT Lowered to $23 at RBC Capital

February 27, 2019 6:50 AM EST

RBC Capital analyst Brian Abrahams lowered the price target on Dynavax Technologies (NASDAQ: DVAX) to $23.00 (from $25.00) while maintaining a Outperform rating.

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Dynavax (DVAX) Misses Q4 EPS by 3c

February 26, 2019 4:36 PM EST

Dynavax (NASDAQ: DVAX) reported Q4 EPS of ($0.64), $0.03 worse than the analyst estimate of ($0.61). Revenue for the quarter came in at $5.3 million versus the consensus estimate of $3.43 million.

Cash, cash equivalents and marketable securities totaled $145.5 million at December 31, 2018, compared to $191.9 million at December 31, 2017. Dynavax plans to borrow $75.0 million under its non-dilutive term loan agreement in the... More