Needham Reaffirms Buy Rating for Geron (GERN) Following Strong Q2 Performance

Reported 1 day ago

Needham has reiterated its Buy rating for Geron Corporation (NASDAQ:GERN), setting a price target of $5 after the company reported second-quarter results for 2025, where RYTELO net product revenue reached $49 million, a 24% increase from the previous quarter. Demand for RYTELO saw a significant rise of 17%. Additionally, Harout Semerjian was appointed as the new CEO, adding to the positive outlook for the company focused on therapies for blood cancers.

Source: YAHOO

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