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TTOO

T2 Biosystems

$1.42

-0.12 (-7.79%)

07:36
11/26/19
11/26
07:36
11/26/19
07:36

T2 Biosystems downgraded to Neutral at Janney Montgomery Scott

As previously reported, Janney Montgomery Scott analyst Paul Knight downgraded T2 Biosystems to Neutral from Buy with a $2.00 fair value estimate. A lack of commercial adoption, coupled with the company's recently announced dilutive financing arrangements, could put pressure on the stock, said Knight, although he does acknowledge that the "unprecedented" New Technology Add-on Payments ruling for T2Bacteria made by CMS in August has the potential to be a significant catalyst.

TTOO T2 Biosystems
$1.42

-0.12 (-7.79%)

09/12/19
JANY
09/12/19
UPGRADE
JANY
Buy
T2 Biosystems upgraded to Buy from Neutral at Janney Montgomery Scott
09/12/19
LEER
09/12/19
NO CHANGE
Target $5
LEER
Outperform
Positive events setting new trajectory for T2 Biosystems, says SVB Leerink
SVB Leerink analyst Puneet Souda raised his price target for T2 Biosystems to $5 from $3 as he sees a series of positive events including BARDA research revenue and NTAP setting a new trajectory for the company ahead. The analyst reiterates an Outperform rating on the shares.
11/13/19
ADAM
11/13/19
NO CHANGE
Target $3
ADAM
Buy
T2 Biosystems selloff appears overdone, says Canaccord
Canaccord analyst Mark Massaro said the recent selloff in T2 Biosystems shares appears to be overdone. He noted the company delivered and inline quarter despite being having had ransom cyber-attack which lasted for several weeks and required the company to work in overdrive and perform manual operations for their business while seeking a remedy. He thinks the selloff is an over-reaction but Massaro lowered his price target to $3.00 from $3.50 on T2 Biosystems shares.
11/26/19
JANY
11/26/19
DOWNGRADE
Target $2
JANY
Neutral
T2 Biosystems downgraded to Neutral from Buy at Janney Montgomery Scott
Janney Montgomery Scott analyst Paul Knight downgraded T2 Biosystems to Neutral from Buy with a $2 price target.

TODAY'S FREE FLY STORIES

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General news
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Gardner Denver

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DTCWY

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SEGXF

Segro

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BORR

Borr Drilling

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INSG

Inseego

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FTSV

Forty Seven

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ARQL

ArQule

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XNCR

Xencor

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0.39 (0.95%)

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ABR

Arbor Realty

$14.78

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STRM

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NLOK

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, INTC

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TGTX

TG Therapeutics

$9.28

2.17 (30.52%)

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NTNX

Nutanix

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SFIX

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BLUE

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OXY

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OXY

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EDIT

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MSB

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FFBC

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GPRE

Green Plains

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