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MNTA

Momenta

$17.95

-0.55 (-2.97%)

16:12
10/02/17
10/02
16:12
10/02/17
16:12

Momenta promotes Dr. Ganesh Kaundinya to COO

Momenta Pharmaceuticals announced the promotion of Dr. Ganesh Kaundinya to COO. Dr. Kaundinya, who assumed his new position effective September 25, will also continue to serve as Chief Scientific Officer.

MNTA Momenta
$17.95

-0.55 (-2.97%)

05/22/17
LEHM
05/22/17
UPGRADE
Target $50
LEHM
Overweight
Mylan upgraded to Overweight from Equal Weight at Barclays
Barclays analyst Douglas Tsao upgraded Mylan (MYL) to Overweight saying the chances of the company winning approval for its generic version of Copaxone this year are better than current market expectations. The approval come as soon as next month, Tsao tells investors in a research note. The analyst coupled the upgrade with a downgrade of Copaxone maker Momenta Pharmaceuticals to Equal Weight. The selloff in Mylan following the Q1 disclosure of deficiencies to Advair create a buying opportunity, the analyst contends. He raised his price target for the shares to $50 from $47. Mylan closed Friday down 21c to $37.94.
05/22/17
05/22/17
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Momenta (MNTA) downgraded to Equal Weight from Overweight at Barclays with analyst Douglas Tsao citing the likelihood of generic manufacturers, most notably Mylan (MYL), winning approval for generic Copaxone in the coming months. He lowered his price target for the shares to $17 from $20. 2. Zoe's Kitchen (ZOES) downgraded to Neutral from Outperform at Baird with analyst David Tarantino saying he believes the near-term risk profile looks elevated amid signs of sluggish comps for similarly positioned chains and an uptrend in input costs. Tarantino lowered his price target to $20 from $25 on Zoe's Kitchen shares. 3. Arista Networks (ANET) downgraded to Neutral from Buy at DA Davidson with analyst Mark Kelleher citing valuation with the shares up 60% since his initiation in January. 4. Synchronoss (SNCR) downgraded to Underperform from Neutral at Credit Suisse with analyst Michael Nemeroff citing AT&T's (T) recent announcement that it will be closing the personal cloud "Locker" storage service offering powered by Synchronoss on August 3. 5. Centene (CNC) downgraded to Neutral from Overweight at JPMorgan with analyst Gary Taylor citing valuation with the shares up 32% since December 2016. The stock reflects very little probability of Senate Medicaid cuts or block grants, Taylor tells investors in a research note. He keeps a $75 price target for the shares. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
07/21/17
WELS
07/21/17
NO CHANGE
WELS
Outperform
Amphastar 'David-vs-Goliath' win over Momenta a major victory, says Wells Fargo
Wells Fargo analyst David Maris said a jury's ruling that a Momenta (MNTA) patent was invalid and unenforceable is a very positive outcome for Amphastar (AMPH) in its "David-vs-Goliath-type" case. While he expects Momenta and partner Novartis' (NVS) Sandoz to appeal, Maris thinks this ruling puts Amphastar in a good position for any future potential settlement talks. Maris does not think investors should "count on any windfall" for Amphastar, but he does think, if approved, this could be an over $50M opportunity and keeps an Outperform rating on the stock, which is up 2% to $18.32 in afternoon trading.
09/28/17
GSCO
09/28/17
INITIATION
Target $18
GSCO
Neutral
Momenta initiated with a Neutral at Goldman Sachs
Goldman analyst Dana Flanders Momenta with a Neutral and $18 price target citing challenges from IP hurdles and uncertain end market dynamics.

TODAY'S FREE FLY STORIES

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BHP Billiton

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TGE

Tallgrass Energy

$26.23

0.63 (2.46%)

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TLRY

Tilray

$35.91

5.2 (16.93%)

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  • 28

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LATAM Airlines

$0.00

(0.00%)

19:10
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MNOV

MediciNova

$8.99

-0.11 (-1.21%)

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HTZ

Hertz

$21.05

0.155 (0.74%)

, FN

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$134.67

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APPN

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$36.23

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CREE

Cree

$46.42

0.99 (2.18%)

MELI

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$319.70

-4.3 (-1.33%)

03/08/13
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IBKR

Interactive Brokers

$61.99

0.76 (1.24%)

18:43
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MSFT

Microsoft

$106.87

-0.71 (-0.66%)

18:29
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  • 04

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GSB

GlobalSCAPE

$3.46

(0.00%)

18:27
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18:27
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  • 10

    Oct

BHP

BHP Billiton

$48.30

0.38 (0.79%)

18:24
08/20/18
08/20
18:24
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18:24
Earnings
BHP reports FY18 underlying profit $9.6B, consensus $9.2B according to Bloomberg »

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LII

Lennox

$225.37

2.76 (1.24%)

18:19
08/20/18
08/20
18:19
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18:19
Earnings
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GDI

Gardner Denver

$28.29

0.36 (1.29%)

18:10
08/20/18
08/20
18:10
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18:10
Initiation
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MMM

3M

$204.57

-0.24 (-0.12%)

18:09
08/20/18
08/20
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18:09
Initiation
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ETN

Eaton

$81.33

0.35 (0.43%)

18:05
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FLS

Flowserve

$51.51

0.16 (0.31%)

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ITW

Illinois Tool Works

$138.37

-1.05 (-0.75%)

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CFX

Colfax

$33.28

0.62 (1.90%)

17:56
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ALLE

Allegion

$86.97

0.26 (0.30%)

17:54
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Initiation
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CGNX

Cognex

$52.42

0.02 (0.04%)

17:53
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Initiation
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UTX

United Technologies

$135.14

0.73 (0.54%)

17:47
08/20/18
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17:47
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17:47
Periodicals
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JCI

Johnson Controls

$38.73

0.48 (1.25%)

17:47
08/20/18
08/20
17:47
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17:47
Initiation
Johnson Controls initiated at Morgan Stanley »

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PH

Parker-Hannifin

$170.11

0.55 (0.32%)

17:43
08/20/18
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17:43
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17:43
Initiation
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TWTR

Twitter

$32.60

-0.14 (-0.43%)

, FB

Facebook

$172.50

-1.28 (-0.74%)

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TWTR

Twitter

$32.60

-0.14 (-0.43%)

FB

Facebook

$172.50

-1.28 (-0.74%)

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LII

Lennox

$225.37

2.76 (1.24%)

17:41
08/20/18
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Initiation
Lennox initiated at Morgan Stanley »

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ROK

Rockwell Automation

$173.77

0.14 (0.08%)

17:34
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Initiation
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