Argos Therapeutics Inc (ARGS) Price Target Cut to $10.00 by Analysts at Stifel Nicolaus – Best Small Cap Stock Picks Best Small Cap Stocks to Trade

ARGS– Article Below

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ARTICLE

Argos Therapeutics Inc (NASDAQ:ARGS) had its target price reduced by Stifel Nicolaus from $16.00 to $10.00 in a research report issued on Wednesday,Market Beat.com reports. The firm currently has a “buy” rating on the biopharmaceutical company’s stock. Stifel Nicolaus’ price target points to a potential upside of 47.28% from the company’s previous close.

Shares of Argos Therapeutics (NASDAQ:ARGS) opened at 6.79 on Wednesday. The firm’s market cap is $140.79 million. Argos Therapeutics has a 52 week low of $1.61 and a 52 week high of $9.64. The firm’s 50-day moving average price is $4.93 and its 200 day moving average price is $4.25.

Argos Therapeutics (NASDAQ:ARGS) last posted its quarterly earnings results on Tuesday, March 29th. The biopharmaceutical company reported ($0.84) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.88) by $0.04. Equities analysts anticipate that Argos Therapeutics will post ($3.58) EPS for the current year.

Several other research firms also recently commented on ARGS. Zacks Investment Research raised shares of Argos Therapeutics from a “hold” rating to a “buy” rating and set a $3.00 target price on the stock in a research report on Thursday, January 28th. FBR & Co. reissued a “buy” rating on shares of Argos Therapeutics in a research report on Saturday, March 19th. Piper Jaffray reissued a “buy” rating and set a $11.00 target price on shares of Argos Therapeutics in a research report on Monday, March 7th. Needham & Company LLC lowered their target price on shares of Argos Therapeutics from $14.00 to $11.00 and set a “buy” rating on the stock in a research report on Tuesday, March 8th. Finally, JMP Securities lowered their target price on shares of Argos Therapeutics from $17.00 to $12.00 and set a “market outperform” rating on the stock in a research report on Wednesday, March 9th. One analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Argos Therapeutics currently has a consensus rating of “Buy” and a consensus target price of $11.89.

Argos Therapeutics, Inc (NASDAQ:ARGS) is a biopharmaceutical company focused on the development and commercialization of personalized immunotherapies for the treatment of cancer and infectious diseases based on its technology platform called Arcelis.

Source: American Banking and Market News

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