UBS AG Gives Neutral Rating to Seattle Genetics (SGEN)

By admin | 6 years ago

Seattle Genetics (NASDAQ: SGEN)‘s stock had its “neutral” rating reaffirmed by UBS AG (NYSE: UBS) in a research note issued on Friday.

Separately, analysts at Leerink Swann reiterated an “outperform” rating on shares of Seattle Genetics in a research note to investors on Wednesday, May 9th.

Seattle Genetics traded up 0.10% on Friday, hitting $20.08. Seattle Genetics has a 52-week low of $12.29 and a 52-week high of $22.40. The company’s market cap is $2.350 billion.

Seattle Genetics last posted its quarterly earnings results on Tuesday, May 8th. The company reported ($0.11) EPS for the quarter, meeting the Thomson Reuters consensus estimate of ($0.11). The company’s quarterly revenue was up 296.5% on a year-over-year basis. Analysts expect that Seattle Genetics will post $-0.12 EPS next quarter.

Seattle Genetics, Inc. (Seattle Genetics) is a clinical-stage biotechnology company focused on the development and commercialization of monoclonal antibody-based therapies for the treatment of cancer and autoimmune diseases.

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