2021-02-17 16:07:08 MTEM Molecular Templates
02/17/21 02/1716:07 02/17/2116:07 | Molecular Templates files to sell common stock, no amount givenMolecular intends to use the net proceeds from the offering, together with its existing cash and cash equivalents, to fund: its Phase II clinical studies for MT-3724 and/or development of other CD20-targeted molecules; its ongoing Phase I clinical study of MT-5111; its share of development expenses in its CD38 collaboration with Takeda; its PD-L1 program (including its anticipated upcoming Phase I clinical study for MT-6402); further preclinical development and drug discovery activities in its other programs; and for working capital and general corporate purposes. BofA Securities, Cowen, Evercore ISI and Barclays are acting as joint book-running managers for the offering. |
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Options
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AgEagle Aerial Systems options imply 17.7% move in share price post-earnings »
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Taylor Wimpey price target raised to 195 GBp from 170 GBp at Barclays »
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Schroders price target raised to 3,430 GBp from 3,400 GBp at Barclays »
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Qinetiq price target raised to 406 GBp from 380 GBp at Barclays »
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Robinhood picks Nasdaq for eventual IPO, CNBC reports »
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ProsiebenSat price target raised to EUR 17.50 from EUR 15 at Barclays »
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Kuehne & Nagel price target raised to CHF 180 from CHF 175 at Barclays »
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Edenred price target raised to EUR 48 from EUR 41.50 at Barclays »
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Lufthansa price target raised to EUR 6.20 from EUR 6.10 at Barclays »
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BT Group price target lowered to 170 GBp from 180 GBp at Barclays »
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Anglo American price target raised to 3,600 GBp from 2,820 GBp at Barclays »
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Options
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Ebang International options imply 27.3% move in share price post-earnings »
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Lindt & Sprungli price target raised to CHF 8,400 from CHF 8,100 at Berenberg »
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CaixaBank price target raised to EUR 2.45 from EUR 1.85 at Berenberg »
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Alcon price target raised to CHF 74 from CHF 70 at Berenberg »
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General news
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Raphael Bostic Speech to be released at 15:00
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General news
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GEA Group price target raised to EUR 29 from EUR 27 at Credit Suisse »
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Thales price target raised to EUR 92 from EUR 90 at Credit Suisse »
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ProsiebenSat price target raised to EUR 9.70 from EUR 8 at Credit Suisse »
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Vifor Pharma price target lowered to CHF 144 from CHF 149 at Credit Suisse »
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Schroders price target raised to 3,270 GBp from 3,100 GBp at Credit Suisse »
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Evonik price target raised to EUR 24 from EUR 22.50 at Credit Suisse »
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CRH price target raised to EUR 46 from EUR 43 at Credit Suisse »
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