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Royal Bank of Canada Lowers Avid Bioservices (NASDAQ:CDMO) Price Target to $15.00

Avid Bioservices (NASDAQ:CDMO – Free Report) had its target price lowered by Royal Bank of Canada from $17.00 to $15.00 in a research report sent to investors on Friday morning, Marketbeat.com reports. Royal Bank of Canada currently has an outperform rating on the biopharmaceutical company’s stock. Separately, Stephens decreased their target price on Avid Bioservices […] ....

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Avid Bioservices (NASDAQ:CDMO) Issues Earnings Results

Avid Bioservices (NASDAQ:CDMO – Get Free Report) released its earnings results on Thursday. The biopharmaceutical company reported ($0.03) EPS for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.01, MarketWatch Earnings reports. Avid Bioservices had a negative net margin of 2.06% and a negative return on equity of 1.55%. The company had revenue of […] ....

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Avid Bioservices (NASDAQ:CDMO) Sets New 12-Month Low Following Analyst Downgrade

Avid Bioservices, Inc. (NASDAQ:CDMO – Get Free Report)’s stock price reached a new 52-week low during trading on Friday after Royal Bank of Canada lowered their price target on the stock from $17.00 to $15.00. The stock traded as low as $10.08 and last traded at $10.58, with a volume of 63865 shares changing hands. […] ....

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Kornitzer Capital Management Inc. KS Buys 75,065 Shares of Avid Bioservices, Inc. (NASDAQ:CDMO)

Kornitzer Capital Management Inc. KS grew its position in shares of Avid Bioservices, Inc. (NASDAQ:CDMO – Free Report) by 12.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 682,510 shares of the biopharmaceutical company’s stock after buying an additional 75,065 shares during the […] ....

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Scissortail Wealth Management LLC Buys New Position in Avid Bioservices, Inc. (NASDAQ:CDMO)

Scissortail Wealth Management LLC bought a new stake in shares of Avid Bioservices, Inc. (NASDAQ:CDMO – Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 1,867 shares of the biopharmaceutical company’s stock, valued at approximately $304,617,000. Several other hedge funds also recently […] ....

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