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LGND

Ligand

$104.09

-4.01 (-3.71%)

08:31
12/22/16
12/22
08:31
12/22/16
08:31

Ligand announces worldwide OmniAb platform license agreement with ONO

Ligand Pharmaceuticals announces it has entered into a worldwide license agreement with ONO Pharmaceutical. Under the license, ONO will be able to use the OmniRat, OmniMouse and OmniFlic platforms to discover fully human mono- and bispecific antibodies. Ligand is eligible to receive annual platform access payments, development milestone payments and royalties for each product incorporating an OmniAb antibody. ONO will be responsible for all costs related to the programs.

LGND Ligand
$104.09

-4.01 (-3.71%)

09/07/16
09/07/16
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. ConocoPhillips (COP) upgraded to Hold from Underperform at Jefferies with analyst Jason Gammel citing valuation and improving financial metrics. 2. DineEquity (DIN) upgraded to Overweight from Sector Weight at KeyBanc with analyst Chris O'Cull saying the stock has reached a good entry point, while its risk/reward ratio is "compelling." 3. Gaming and Leisure Properties (GLPI) upgraded to Overweight at Morgan Stanley. 4. Aviva (AV) upgraded to Buy from Neutral at UBS with the firm saying the company is positioned to be the risk-adjusted dividend leader in the sector. 5. Ligand (LGND) upgraded to Hold from Sell at Deutsche Bank. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
10/05/16
HCWC
10/05/16
NO CHANGE
Target $160
HCWC
Buy
Ligand price target raised to $160 from $146 at H.C. Wainwright
H.C. Wainwright analyst Carol Ann Werther raised her price target for Ligand Pharmaceuticals to $160 citing three recent positive events, namely positive Phase II focal segmental glomerulosclerosis data from partner Retrophin, the beginning of a Phase II clinical trial with LGD-6972 for the treatment of type 2 diabetes and the licensing of several therapeutic programs to Seelos. Werther keeps a Buy rating on Ligand.
10/10/16
ROTH
10/10/16
NO CHANGE
Target $154
ROTH
Buy
Ligand price target raised to $154 after Carnexiv approval at Roth Capital
Roth Capital analyst Joseph Pantginis raised his price target on Ligand to $154 from $150 after partner Lundbeck announced that the FDA approved Carnexiv injection as a short-term replacement therapy for oral carbamazepine formulations in adults with certain seizure types. Ligand will receive a $1.25M milestone payment this quarter and is entitled to receive a 2.75% royalty on sales of the drug, noted Pantginis, who keeps a Buy rating on Ligand shares.
11/07/16
SPHN
11/07/16
NO CHANGE
Target $125
SPHN
Overweight
Ligand price target lowered to $125 from $150 at Stephens
Stephens analyst Drew Jones lowered his price target for Ligand to $125 from $150 on valuation. The analyst notes that the company reported mixed Q3 results as revenue softness led to lowered guidance for the year. Nonetheless, he reiterates an Overweight rating on the shares.

TODAY'S FREE FLY STORIES

ADS

Alliance Data

$226.51

1.13 (0.50%)

07:30
07/19/18
07/19
07:30
07/19/18
07:30
Earnings
Alliance Data reports Q2 core EPS $5.01, consensus $4.66 »

Reports Q2 revenue $1.9B,…

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  • 19

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LONE

Lonestar Resources

$10.37

0.42 (4.22%)

07:30
07/19/18
07/19
07:30
07/19/18
07:30
Initiation
Lonestar Resources initiated  »

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  • 06

    Aug

CMCSA

Comcast

$34.03

-0.23 (-0.67%)

, FOXA

21st Century Fox

$46.69

0.22 (0.47%)

07:30
07/19/18
07/19
07:30
07/19/18
07:30
Options
Unusual put flow in option market yesterday »

Notable put activity was…

CMCSA

Comcast

$34.03

-0.23 (-0.67%)

FOXA

21st Century Fox

$46.69

0.22 (0.47%)

GM

General Motors

$39.87

-0.185 (-0.46%)

PZZA

Papa John's

$53.60

2.06 (4.00%)

HPQ

HP Inc.

$23.54

-0.06 (-0.25%)

GOGO

Gogo

$3.91

0.15 (3.99%)

MDR

McDermott

$17.97

-0.075 (-0.42%)

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  • 26

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SQ

Square

$68.30

-0.02 (-0.03%)

07:28
07/19/18
07/19
07:28
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07:28
Upgrade
Square rating change  »

Square upgraded to…

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  • 01

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MEET

Meet Group

$4.14

0.08 (1.97%)

07:26
07/19/18
07/19
07:26
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07:26
Upgrade
Meet Group rating change  »

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AMRN

Amarin

$2.86

-0.1 (-3.38%)

07:26
07/19/18
07/19
07:26
07/19/18
07:26
Recommendations
Amarin analyst commentary  »

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JPM

JPMorgan

$111.52

1.01 (0.91%)

07:25
07/19/18
07/19
07:25
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07:25
Upgrade
JPMorgan rating change  »

JPMorgan upgraded to Buy…

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  • 12

    Oct

EBAY

eBay

$37.95

0.13 (0.34%)

07:25
07/19/18
07/19
07:25
07/19/18
07:25
Recommendations
eBay analyst commentary  »

eBay price target lowered…

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FFIV

F5 Networks

$179.52

2.86 (1.62%)

07:24
07/19/18
07/19
07:24
07/19/18
07:24
Downgrade
F5 Networks rating change  »

Morgan Stanley sees risk…

03/08/13
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  • 25

    Jul

  • 08

    Aug

CMG

Chipotle

$453.56

0.77 (0.17%)

, SBUX

Starbucks

$51.15

-0.12 (-0.23%)

07:24
07/19/18
07/19
07:24
07/19/18
07:24
Recommendations
Chipotle, Starbucks analyst commentary  »

Wedbush cautious on…

CMG

Chipotle

$453.56

0.77 (0.17%)

SBUX

Starbucks

$51.15

-0.12 (-0.23%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 26

    Jul

  • 26

    Jul

PTCT

PTC Therapeutics

$35.02

-0.19 (-0.54%)

07:23
07/19/18
07/19
07:23
07/19/18
07:23
Initiation
PTC Therapeutics initiated  »

PTC Therapeutics…

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HRTX

Heron Therapeutics

$37.75

-0.35 (-0.92%)

07:22
07/19/18
07/19
07:22
07/19/18
07:22
Recommendations
Heron Therapeutics analyst commentary  »

Heron Therapeutics price…

03/08/13
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MTB

M&T Bank

$174.38

5.77 (3.42%)

07:20
07/19/18
07/19
07:20
07/19/18
07:20
Recommendations
M&T Bank analyst commentary  »

M&T Bank price target…

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07:20
07/19/18
07/19
07:20
07/19/18
07:20
General news
Treasury Market Outlook: Treasury yields have extended slightly higher »

Treasury Market Outlook:…

WRD

WildHorse Resource

07:19
07/19/18
07/19
07:19
07/19/18
07:19
Initiation
WildHorse Resource initiated  »

WildHorse Resource…

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  • 08

    Aug

  • 19

    Aug

ARA

American Renal Associates

07:19
07/19/18
07/19
07:19
07/19/18
07:19
Initiation
American Renal Associates initiated  »

American Renal Associates…

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BIG

Big Lots

$42.76

0.39 (0.92%)

07:19
07/19/18
07/19
07:19
07/19/18
07:19
Initiation
Big Lots initiated  »

Big Lots initiated with a…

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07:18
07/19/18
07/19
07:18
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07:18
General news
Futures lower as trade war rhetoric, earnings reporting continues »

Stock futures are…

LITE

Lumentum

$59.30

-0.05 (-0.08%)

, VIAV

Viavi

$10.39

-0.09 (-0.86%)

07:17
07/19/18
07/19
07:17
07/19/18
07:17
Recommendations
Lumentum, Viavi, Apple analyst commentary  »

JPMorgan raises 3D…

LITE

Lumentum

$59.30

-0.05 (-0.08%)

VIAV

Viavi

$10.39

-0.09 (-0.86%)

AAPL

Apple

$190.43

-1.12 (-0.58%)

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  • 31

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HNHPF

Hon Hai Precision

$0.00

(0.00%)

07:17
07/19/18
07/19
07:17
07/19/18
07:17
Periodicals
Foxconn interested in webcast business opportunities, DigiTimes reports »

Foxconn has been building…

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AXP

American Express

$102.98

1.84 (1.82%)

07:15
07/19/18
07/19
07:15
07/19/18
07:15
Recommendations
American Express analyst commentary  »

American Express Q2…

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  • 08

    Aug

07:15
07/19/18
07/19
07:15
07/19/18
07:15
General news
FX Update: The Dollar rose for at third consecutive day »

FX Update: The Dollar…

KEY

KeyCorp

$20.30

0.24 (1.20%)

07:14
07/19/18
07/19
07:14
07/19/18
07:14
Hot Stocks
KeyCorp sees FY18 net interest income $3.95B-$4.05B, one rate increase »

For loans, the company…

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  • 19

    Jul

  • 30

    Oct

LGF

Use LGF.A, LGF.B

$0.00

(0.00%)

, AMZN

Amazon.com

$1,842.36

-1.64 (-0.09%)

07:14
07/19/18
07/19
07:14
07/19/18
07:14
Upgrade
Use LGF.A, LGF.B, Amazon.com, Alphabet Class A rating change  »

Lionsgate upgraded to Buy…

LGF

Use LGF.A, LGF.B

$0.00

(0.00%)

AMZN

Amazon.com

$1,842.36

-1.64 (-0.09%)

GOOGL

Alphabet Class A

$1,212.64

-1.01 (-0.08%)

03/08/13
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  • 23

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    Sep

TGT

Target

$76.86

-0.385 (-0.50%)

07:11
07/19/18
07/19
07:11
07/19/18
07:11
Hot Stocks
Target, Shipt launch same-day delivery in Greater New York Metro »

Shipt and Target…

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