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SMMT

Summit Therapeutics

$1.81

(0.00%)

10:25
05/08/19
05/08
10:25
05/08/19
10:25

Summit Therapeutics to hold a conference call

CEO Edwards and COO Roblin hold a conference call with the management of Slingshot Insights on May 8 at 11 am. Webcast Link

  • 08

    May

SMMT Summit Therapeutics
$1.81

(0.00%)

06/29/18
HCWC
06/29/18
NO CHANGE
Target $3
HCWC
Buy
Summit Therapeutics price target lowered to $3 from $20 at H.C. Wainwright
H.C. Wainwright analyst Debjit Chattopadhyay lowered his price target for Summit Therapeutics to $3 after the company discontinued the development of ezutromid upon the full analysis of the 48-week data. Summit is now leveraged to its Phase 3 ready, differentiated, novel, gut flora sparing antibiotic for the treatment of Clostridium difficile, Chattopadhyay tells investors in a research note. Unfortunately, the Phase 3 program is not expected to commence until Q1 of 2019 and may not readout until 2021, the analyst adds. He believes, however, that the "damage to the stock is already done with the company trading at cash." Chattopadhyay sees "no value in moving to the sidelines" and keeps a Buy rating on Summit.
06/28/18
RHCO
06/28/18
DOWNGRADE
Target $4
RHCO
Hold
Summit Therapeutics downgraded to Hold at SunTrust on failed phase 2 DMD study
As reported earlier, SunTrust analyst Edward Nash downgraded Summit Therapeutics to Hold from Buy and lowered his price target to $4 from $22. The analyst cites the company's failed phase 2 study on Duchenne muscular dystrophy treatment as its stock price plunged nearly 80% intraday, adding that Summit will now discontinue ezutromid development and focus on the antibiotic program for C difficile infection. Nash further notes that the company's new lead product candidate, Ridinilazole, is now expected to enter phase 3 trials in Q1 of FY19.
06/28/18
JANY
06/28/18
DOWNGRADE
JANY
Neutral
Summit Therapeutics downgraded to Neutral from Buy at Janney Montgomery Scott
06/28/18
JMPS
06/28/18
DOWNGRADE
JMPS
Market Perform
Summit Therapeutics downgraded to Market Perform at JMP Securities

TODAY'S FREE FLY STORIES

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CRM

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MRCY

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RNG

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LB

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  • 05

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DSNKY

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SPOT

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IDXX

Idexx Laboratories

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OMC

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BSX

Boston Scientific

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CTRP

Ctrip

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CTRP

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  • 22

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CTRP

Ctrip

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CE

Celanese

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XRAY

Dentsply Sirona

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  • 22

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SIM

Grupo Simec

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CPRT

Copart

$64.78

-1.12 (-1.70%)

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  • 23

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NVS

Novartis

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1.555 (1.89%)

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