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MRTX

Mirati Therapeutics

$15.50

0.45 (2.99%)

07:32
11/14/17
11/14
07:32
11/14/17
07:32

Mirati Therapeutics upgraded to Outperform at Leerink

As previously reported, Leerink analyst Michael Schmidt upgraded Mirati Therapeutics to Outperform from Market Perform after the company announced that it is reprioritizing its pipeline programs. Investment in lead product candidate glesatinib is being "de-prioritized," while freed-up resources are being reallocated to the significantly more promising sitravatinib program as well as preclinical efforts to target KRas, he adds. Schmidt thinks this news comes only as a small surprise to investors and is actually positive. The analyst also raised his price target on the shares to $20 from $15.

  • 15

    Nov

MRTX Mirati Therapeutics
$15.50

0.45 (2.99%)

10/02/17
RHCO
10/02/17
NO CHANGE
RHCO
Mirati Therapeutics data likely to be positive, says SunTrust
SunTrust analyst Peter Lawson believes there is a 90% chance that the data on Mirati's sitravatinib, along with IO, in a trial involving non-small cell lung cancer will be positive. Specifically, the analyst believes that the progression free survival of patients taking sitravatinib and IO will come in above the six months seen in patients taking chemotherapy and IO. The analyst believes that Mirati's stock could rise 50% on positive data. He keeps a $13 price target and a Buy rating on the shares.
10/12/17
HCWC
10/12/17
INITIATION
Target $20
HCWC
Buy
Mirati Therapeutics assumed with a Buy at H.C. Wainwright
H.C. Wainwright analyst Edward White assumed coverage of Mirati Therapeutics with a Buy rating and $20 price target. The analyst believes the company's precision oncology strategy allows for better patient outcomes, expedited pathways for drug development, and a more efficient way of treating cancer.
10/17/17
RHCO
10/17/17
NO CHANGE
Target $20
RHCO
Buy
Mirati Therapeutics price target raised to $20 from $13 at SunTrust
SunTrust analyst Peter Lawson raised his price target on Mirati Therapeutics to $20, noting the latest data from World Lung Conference helps reiterate prior encouraging results of sitravatinib + Opdivo in IO resistant refractory lung cancer patients. Lawson says the treatment's response rate of 27% bodes well against the standard of care, maintaining a Buy rating on the stock.
11/14/17
LEER
11/14/17
UPGRADE
LEER
Outperform
Mirati Therapeutics upgraded to Outperform from Market Perform at Leerink

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