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H.C. Wainwright Reaffirms Their Buy Rating on GeoVax Labs (GOVX)
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H.C. Wainwright Reaffirms Their Buy Rating on GeoVax Labs (GOVX)

In a report released today, Vernon Bernardino from H.C. Wainwright reiterated a Buy rating on GeoVax Labs (GOVXResearch Report), with a price target of $8.00. The company’s shares opened today at $0.58.

According to TipRanks, Bernardino is a 4-star analyst with an average return of 9.3% and a 27.05% success rate. Bernardino covers the Healthcare sector, focusing on stocks such as Cassava Sciences, Citius Pharmaceuticals, and Novavax.

GeoVax Labs has an analyst consensus of Moderate Buy, with a price target consensus of $7.00.

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Based on GeoVax Labs’ latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of $5.93 million. In comparison, last year the company had a GAAP net loss of $2.24 million

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GeoVax Labs, Inc. is a clinical-stage biotechnology company, which engages in the development of human vaccines and immunotherapies against infectious diseases and cancer using its novel vaccine platform. It focuses on human immunodeficiency virus, zika virus, hemorrhagic fever viruses, and malaria. The company was founded by Harriet Latham Robinson and Donald G. Hildebrand on September 9, 2006 and is headquartered in Smyrna, GA.

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