NewLink Genetics (NLNK) Upgraded to “Hold” at BidaskClub
NewLink Genetics (NASDAQ:NLNK) was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating in a research note issued to investors on Friday.
A number of other brokerages have also recently commented on NLNK. Robert W. Baird raised NewLink Genetics from a “neutral” rating to an “outperform” rating and upped their price target for the company from $8.00 to $22.00 in a research report on Friday, September 8th. ValuEngine raised NewLink Genetics from a “strong sell” rating to a “sell” rating in a research report on Thursday, September 7th. Stifel Nicolaus upped their price target on NewLink Genetics from $14.00 to $29.00 and gave the company a “buy” rating in a research report on Monday, September 11th. Bank of America started coverage on NewLink Genetics in a research report on Friday, October 13th. They set a “buy” rating and a $22.00 price target on the stock. Finally, Jefferies Group dropped their price target on NewLink Genetics from $26.00 to $25.00 and set a “buy” rating on the stock in a research report on Friday, November 3rd. One research analyst has rated the stock with a sell rating, two have given a hold rating and six have issued a buy rating to the stock. NewLink Genetics has an average rating of “Buy” and a consensus target price of $23.29.
NewLink Genetics (NLNK) traded down $1.06 during mid-day trading on Friday, reaching $9.00. The company’s stock had a trading volume of 1,846,500 shares, compared to its average volume of 1,564,400. NewLink Genetics has a twelve month low of $5.90 and a twelve month high of $25.17. The stock has a market capitalization of $326.00, a PE ratio of -3.69 and a beta of 1.10.
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NewLink Genetics Company Profile
NewLink Genetics Corporation is a clinical-stage immuno-oncology company focused on discovering, developing and commercializing immunotherapeutic products for the treatment of cancer. The Company’s portfolio includes biologic and small-molecule immunotherapy product candidates for a range of oncology indications.
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