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Celgene (CELG): Reiterating Buy On Improved Outlook For Chron's Therapy - BMO

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Leerink Affirms Celgene (CELG) at 'Market Perform'; Doesn't see Strong Mongersen Phase 2 Data Translating to Phase 3

September 12, 2016 11:31 AM EDT

Leerink affirms Celgene Corporation (Nasdaq: CELG) at Market Perform with a price target of $135 after the company announced interim topline data from a randomized, double-blind, multicenter, exploratory phase 1b study evaluating the effects of oral GED-0301 (mongersen) on both endoscopic and clinical outcomes in patients with active Crohns disease.

The firm commented,... More

Baird 'Incrementally Negative' After Celgene (CELG) GED-0301 Data a Non-Event

September 12, 2016 11:02 AM EDT

Baird analyst Brian Skorney said he is incrementally negative after Celgene (NASDAQ: CELG) on GED_0301 results. The firm, however, maintained a Outperform rating and price target of $162.00.

Skorney commented, "Celgene's big 2H16 catalyst turned out to be a non-event, as the topline... More