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MDGL

Madrigal Pharmaceuticals

$47.52

0.51 (1.08%)

08:42
10/19/17
10/19
08:42
10/19/17
08:42

Madrigal Pharmaceuticals initiated with a Buy at Roth Capital

Roth Capital analyst Yasmeen Rahimi started Madrigal Pharmaceuticals with a Buy rating and $62 price target based on her confidence in the clinical success and profitability of the company's lead compound for the treatment of fatty liver disease and lipid disorders.

  • 22

    Oct

MDGL Madrigal Pharmaceuticals
$47.52

0.51 (1.08%)

10/13/17
JMPS
10/13/17
NO CHANGE
Target $63
JMPS
Outperform
Madrigal Pharmaceuticals price target raised to $63 from $40 at JMP Securities
JMP Securities analyst Liisa Bayko said she sees good reason to believe MGL-3196 can show a clinically meaningful reduction in liver fat in the 12-week interim analysis coming by year-end and she has increase her probability of success for the drug in a NASH indication to 30% from 20% based on pass received from the final Data Safety Monitoring Board. Given the higher estimated odds of success, Bayko raised her price target on Madrigal Pharmaceuticals to $63 from $40 and keeps an Outperform rating on the shares.
09/22/17
09/22/17
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Alibaba (BABA) initiated with an Overweight at Cantor. 2. Digital Realty (DLR) initiated with a Market Perform at William Blair. 3. PNM Resources (PNM) initiated with a Market Perform at Wells Fargo. 4. Madrigal Pharmaceuticals (MDGL) initiated with an Outperform at Evercore ISI. 5. Becton Dickinson (BDX) initiated with an Outperform at Wells Fargo. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
09/22/17
EVER
09/22/17
INITIATION
Target $65
EVER
Outperform
Madrigal Pharmaceuticals initiated with an Outperform at Evercore ISI
Evercore ISI analyst Josh Schimmer initiated Madrigal Pharmaceuticals with an Outperform and a $65 price target saying MGL-3196 stands out as one of the best approaches for hypertriglyiceridemia, hypercholesterolemia and NASH and we expect it will also have application in diabetic nephropathy.
01/03/17
JMPS
01/03/17
INITIATION
JMPS
Outperform
Madrigal Pharmaceuticals initiated with an Outperform at JMP Securities
JMP Securities analyst Liisa Bayko started coverage of Madrigal with a $40 price target and an Outperform rating.

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