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CMTA

Clementia Pharmaceuticals

$12.18

0.22 (1.84%)

06:33
07/13/18
07/13
06:33
07/13/18
06:33

Clementia Pharmaceuticals names Steve Forte as CFO, effective August 3

Clementia Pharmaceuticals announced the appointment of experienced finance executive, Steve Forte, as CFO, effective August 3. Forte will replace current CFO, Michael Singer, who will transition from his role effective August 9. Forte's experience includes nearly a decade at Aptalis Pharma where he was responsible for the overall corporate controllership function of a multinational pharmaceutical company with approximately $700M in annual revenue, six operating companies, five manufacturing sites and 40 subsidiaries.

CMTA Clementia Pharmaceuticals
$12.18

0.22 (1.84%)

08/28/17
LEER
08/28/17
INITIATION
Target $23
LEER
Outperform
Clementia Pharmaceuticals initiated with an Outperform at Leerink
Leerink analyst Joseph Schwartz started Clementia Pharmaceuticals with an Outperform rating and $23 price target saying it has an opportunity to generate "significant" shareholder value with disease-modifying treatments for patients suffering from rare and debilitating bone disorders.
08/28/17
08/28/17
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. Harley-Davidson (HOG) initiated with a Hold at Aegis. 2. Edwards Lifesciences (EW) resumed with an Outperform at William Blair. 3. Venator Materials (VNTR) was initiated with a Buy at SunTrust and Goldman Sachs, an Overweight at JPMorgan, an Outperform at RBC Capital, a Neutral at UBS, as well as an Equal Weight at Barclays. 4. Clementia Pharmaceuticals (CMTA) was initiated with an Outperform at Leerink and an Overweight at Morgan Stanley. 5. CalAmp (CAMP) initiated with a Neutral at JPMorgan. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
08/31/17
BTIG
08/31/17
INITIATION
BTIG
Buy
Clementia Pharmaceuticals initiated with a Buy at BTIG
BTIG analyst Robert Hazlett started coverage of Clementia with a $32 price target and a Buy rating. The analyst says that the company's Palovarotene treatment for heterotopic ossification i.e. abnormal bones developed by those with a rare disease called Fibrodysplasia Ossificans Progressiva, has shown strong efficacy in clinical trials. He thinks that the program can generate peak revenue of $800M. Target $32.
03/27/18
RILY
03/27/18
INITIATION
Target $25
RILY
Buy
Clementia Pharmaceuticals initiated with a Buy at B. Riley FBR
B. Riley FBR analyst Madhu Kumar started Clementia Pharmaceuticals with a Buy rating and $25 price target. The analyst highlights the company's Phase III breakthrough therapy in orphone bone diseases.

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