Mirati Therapeutics Announces Pricing Of Public Offering Of Common Stock

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Piper Jaffray Downgrades Mirati Therapeutics (MRTX) to Neutral

September 17, 2015 6:50 AM EDT

Piper Jaffray downgraded Mirati Therapeutics (NASDAQ: MRTX) from Overweight to Neutral with a price target of $45.00 (from $50.00).

Analyst Charles Duncan commented, "Mirati management took advantage of recent share price performance and bolstered its balance sheet and thus we have updated our model for... More

Mirati Therapeutics (MRTX) Prices 2.25M Common Stock Offering at $45/Share

September 16, 2015 6:57 AM EDT

Mirati Therapeutics (NASDAQ: MRTX) announced the pricing of an underwritten public offering of 2,250,000 shares of its common stock at a price to the public of $45.00 per share. The gross proceeds from this offering are expected to be approximately $101.3 million, before deducting underwriting discounts and... More