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IMMU

Immunomedics

$13.31

-4.75 (-26.30%)

07:25
01/22/19
01/22
07:25
01/22/19
07:25

Immunomedics downgraded to Equal Weight after CRL receipt at Morgan Stanley

Morgan Stanley analyst Matthew Harrison downgraded Immunomedics to Equal Weight from Overweight, stating that he recommends taking a more conservative approach following last week's Complete Response Letter from the FDA for sacituzumab govitecan in triple negative breast cancer. While he believes consensus has a more positive than negative view of the company's ability to solve the CMC issues quickly, he is concerned that management's view of the issues and the FDA's view of the issues differ significantly, Harrison tells investors. He lowered his peak sales estimate to $1.6B from $2B after lowering his odds of success for the mTNBC program from 100% to 75% and cut his price target on Immunomedics shares to $17 from $38.

IMMU Immunomedics
$13.31

-4.75 (-26.30%)

01/22/19
PIPR
01/22/19
NO CHANGE
Target $20
PIPR
Overweight
Immunomedics price target lowered to $20 from $33 at Piper Jaffray
Piper Jaffray analyst Joseph Catanzaro lowered his price target for Immunomedics to $20 after the company received a Complete Response Letter from the FDA for sacituzumab govitecan for the treatment of patients with metastatic triple-negative breast cancer who have received at least two prior therapies for metastatic disease. While acknowledging the "limited visibility" going forward, the analyst ultimately believes that the manufacturing issues can be resolved. He has a "hard time completely dismissing the long-term value of sacituzumab." Catanzaro pushed a possible U.S. launch into mid-2020 but finds the shares of Immunomedics undervalued at current levels. He keeps an Overweight rating on Immunomedics.
01/18/19
WELS
01/18/19
DOWNGRADE
Target $18
WELS
Market Perform
Wells Fargo downgrades Immunomedics on CRL, cuts target to $18 from $44
Wells Fargo analyst Jim Birchenough downgraded Immunomedics to Market Perform from Outperform and cut his price target for the shares to $18 from $44 following yesterday's Complete Response Letter from the FDA for sacituzumab govitecan in triple negative breast cancer. The CRL may suggest greater complexity of issues to address, Birchenough tells investors in a research note. He recommends taking a "wait-and-see approach" pending better visibility on specific issues and timelines.

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GOOG

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CMCSK

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NATI

National Instruments

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JCOM

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Innovative Industrial Properties

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CAT

Caterpillar

$129.80

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LYFT

Lyft

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GOOG

Alphabet

$1,204.85

-26.86 (-2.18%)

, GOOGL

Alphabet Class A

$1,206.00

-30.38 (-2.46%)

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GOOG

Alphabet

$1,204.85

-26.86 (-2.18%)

GOOGL

Alphabet Class A

$1,206.00

-30.38 (-2.46%)

NFLX

Netflix

$361.00

-17.09 (-4.52%)

AMZN

Amazon.com

$1,764.96

-53.49 (-2.94%)

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ENTG

Entegris

$34.64

-1.2 (-3.35%)

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MGTA

Magenta Therapeutics

$18.77

0.805 (4.48%)

19:21
03/24/19
03/24
19:21
03/24/19
19:21
Downgrade
Magenta Therapeutics rating change at Goldman Sachs »

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T

AT&T

$31.03

-0.05 (-0.16%)

, CMCSA

Comcast

$39.56

-0.49 (-1.22%)

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T

AT&T

$31.03

-0.05 (-0.16%)

CMCSA

Comcast

$39.56

-0.49 (-1.22%)

CMCSK

Comcast

$0.00

(0.00%)

SNE

Sony

$42.09

-1.915 (-4.35%)

LGF.A

Lionsgate

$15.14

-0.7 (-4.42%)

DIS

Disney

$108.30

-0.36 (-0.33%)

VIAB

Viacom

$25.27

-0.7 (-2.70%)

VIA

Viacom

$30.64

-0.66 (-2.11%)

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SPY

SPDR S&P 500 ETF Trust

$279.55

-5.08 (-1.78%)

, SPX

S&P 500

$0.00

(0.00%)

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SPY

SPDR S&P 500 ETF Trust

$279.55

-5.08 (-1.78%)

SPX

S&P 500

$0.00

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SPY

SPDR S&P 500 ETF Trust

$279.55

-5.08 (-1.78%)

, SPX

S&P 500

$0.00

(0.00%)

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SPY

SPDR S&P 500 ETF Trust

$279.55

-5.08 (-1.78%)

SPX

S&P 500

$0.00

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ASND

Ascendis Pharma

$119.21

-3.85 (-3.13%)

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SPY

SPDR S&P 500 ETF Trust

$279.55

-5.08 (-1.78%)

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S&P 500

$0.00

(0.00%)

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SPDR S&P 500 ETF Trust

$279.55

-5.08 (-1.78%)

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S&P 500

$0.00

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SPY

SPDR S&P 500 ETF Trust

$279.55

-5.08 (-1.78%)

, SPX

S&P 500

$0.00

(0.00%)

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SPY

SPDR S&P 500 ETF Trust

$279.55

-5.08 (-1.78%)

SPX

S&P 500

$0.00

(0.00%)

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BABA

Alibaba

$175.60

-5.785 (-3.19%)

12:37
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03/24
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BAYRY

Bayer

$0.00

(0.00%)

12:34
03/24/19
03/24
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12:34
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Bayer CEO says team retains backing if supervisory board, Reuters says »

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AAL

American Airlines

$30.60

-0.83 (-2.64%)

, BA

Boeing

$362.15

-10.54 (-2.83%)

12:31
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American Airlines extends Boeing 737 Max flight cancellations, Reuters says »

American Airlines (AAL)…

AAL

American Airlines

$30.60

-0.83 (-2.64%)

BA

Boeing

$362.15

-10.54 (-2.83%)

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UBER

Uber

$0.00

(0.00%)

12:27
03/24/19
03/24
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12:27
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RDUS

Radius Health

$18.92

-0.39 (-2.02%)

12:17
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IIPR

Innovative Industrial Properties

$90.00

-0.175 (-0.19%)

13:09
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Innovative Industrial Properties flying high, Barron's says »

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CAT

Caterpillar

$129.80

-4.1 (-3.06%)

13:05
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Investors missing how far Caterpillar dug into costs, Barron's says »

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MO

Altria Group

$55.90

-0.23 (-0.41%)

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MAN

Manpower

$80.83

-5.02 (-5.85%)

, SABR

Sabre

$21.02

-0.62 (-2.87%)

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MAN

Manpower

$80.83

-5.02 (-5.85%)

SABR

Sabre

$21.02

-0.62 (-2.87%)

WBS

Webster Financial

$48.90

-3.03 (-5.83%)

NATI

National Instruments

$44.16

-1.28 (-2.82%)

JCOM

j2 Global

$84.63

-1.95 (-2.25%)

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MSFT

Microsoft

$117.05

-3.6 (-2.98%)

, GME

GameStop

$10.57

0.03 (0.28%)

12:47
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Gaming meets the cloud as investors scramble to catch up, Barron's says »

The cloud will eventually…

MSFT

Microsoft

$117.05

-3.6 (-2.98%)

GME

GameStop

$10.57

0.03 (0.28%)

AMD

AMD

$26.43

-1.47 (-5.27%)

SNE

Sony

$42.09

-1.915 (-4.35%)

GOOGL

Alphabet Class A

$1,206.00

-30.38 (-2.46%)

GOOG

Alphabet

$1,204.85

-26.86 (-2.18%)

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LYFT

Lyft

$0.00

(0.00%)

12:42
03/23/19
03/23
12:42
03/23/19
12:42
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Investors should avoid booking ride when Lyft goes public, Barron's says »

Lyft will soon be going…

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DIS

Disney

$108.30

-0.36 (-0.33%)

, AAPL

Apple

$191.11

-3.96 (-2.03%)

12:38
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Streaming revolution too complicated, Barron's says »

The streaming revolution…

DIS

Disney

$108.30

-0.36 (-0.33%)

AAPL

Apple

$191.11

-3.96 (-2.03%)

CMCSK

Comcast

$0.00

(0.00%)

CMCSA

Comcast

$39.56

-0.49 (-1.22%)

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FB

Facebook

$164.25

-1.83 (-1.10%)

, GOOG

Alphabet

$1,204.85

-26.86 (-2.18%)

08:18
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03/23
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08:18
On The Fly
Week in review: How Trump's policies moved stocks »

Catch up on the top…

FB

Facebook

$164.25

-1.83 (-1.10%)

GOOG

Alphabet

$1,204.85

-26.86 (-2.18%)

GOOGL

Alphabet Class A

$1,206.00

-30.38 (-2.46%)

TWTR

Twitter

$32.98

0.37 (1.13%)

GM

General Motors

$36.51

-0.84 (-2.25%)

AMD

AMD

$26.43

-1.47 (-5.27%)

INTC

Intel

$53.20

-1.41 (-2.58%)

MRVL

Marvell

$19.69

-1.11 (-5.34%)

MCHP

Microchip

$85.50

-1.83 (-2.10%)

MU

Micron

$41.68

-2.32 (-5.27%)

NVDA

Nvidia

$177.40

-6.52 (-3.55%)

QCOM

Qualcomm

$56.71

-1.05 (-1.82%)

TXN

Texas Instruments

$109.51

-2.68 (-2.39%)

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21:30
03/22/19
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21:30
General news
Breaking General news story  »

Chicago Federal Reserve…

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03/22/19
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Breaking General news story  »

Atlanta Federal Reserve…

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