Inovio Pharma (INO) Reports Interim Phase 1 Data For INO-4800 Vaccine for COVID-19

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UPDATE: H.C. Wainwright Downgrades Inovio Pharmaceuticals (INO) to Neutral; 'Open Questions Remain'

June 29, 2020 6:19 AM EDT

(Updated - June 29, 2020 6:37 AM EDT)

(updated to add analyst comments)

H.C. Wainwright analyst Raghuram Selvaraju downgraded Inovio Pharmaceuticals (NASDAQ: INO) from Buy to Neutral.

The analyst commented, "Last Friday, Inovio Pharmaceuticals shares ended trading at a market value of $4.7B. We note that the stock has had a satisfying run-up since Inovios initial receipt of funding from the Coalition for Epidemic Preparedness Innovations (CEPI) to support the development of a DNA vaccine against COVID-19 on January 23, 2020, when the stock was trading at a market value of... More

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June 29, 2020 4:30 AM EDT

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UPDATE: Inovio Pharmaceuticals (INO) PT Raised to $45 at Cantor Fitzgerald

June 26, 2020 6:44 AM EDT

(Updated - June 26, 2020 9:01 AM EDT)

(updated to add analyst comments)

Cantor Fitzgerald analyst Charles Duncan raised its price target on Inovio Pharmaceuticals (NASDAQ: INO) to $45.00 (from $17.00) while maintaining an Overweight rating.

The analyst commented, ". We reiterate our Overweight rating and are raising... More

UPDATE: Stifel Downgrades Inovio Pharmaceuticals (INO) to Hold

June 26, 2020 4:16 AM EDT

(Updated - June 26, 2020 5:19 AM EDT)

(updating comment)

Stifel analyst Stephen Willey downgraded Inovio Pharmaceuticals (NASDAQ: INO) from Buy to Hold with a price target of $24.00 (from $19.00).

The analyst comments "While acknowledging peer COVID-19 vaccine company valuations would suggest were potentially leaving... More