Spring Bank Pharmaceuticals (SBPH) PT Lowered to $25 at Chardan Capital Markets

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Spring Bank Pharmaceuticals (SBPH) PT Cut At Cantor After Inarigivir Lauch Delay

March 11, 2019 9:27 AM EDT

Cantor Fitzgerald analyst, Elemer Piros, reiterated his Overweight rating on shares of Spring Bank Pharmaceuticals (NASDAQ: SBPH) but cut his price target to $29 from $34 on the company moving the U.S. inarigivir launch to 2022 from 2021 and Europe to 2023.

The analyst stated "The probability-adjusted (30%), fully... More