Seattle Genetics (SGEN) Recorded Record Sales Following Label Expansion; Needham & Company Reiterates Buy
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Piper Jaffray Upgrades Seattle Genetics (SGEN) to Neutral
October 30, 2015 7:06 AM EDTPiper Jaffray upgraded Seattle Genetics (NASDAQ: SGEN) from Underweight to Neutral with a price target of $44.00 (from $30.00).
Analyst Edward Tenthoff commented, "GEN reported ADCETRIS sales of $59 million in 3Q:15 and management again raised 2015 ADCETRIS sales guidance to $218-223 million, and our... More
Seattle Genetics (SGEN) Misses Q3 EPS by 1c
October 29, 2015 4:17 PM EDTSeattle Genetics (NASDAQ: SGEN) reported Q3 EPS of ($0.21), $0.01 worse than the analyst estimate of ($0.20). Revenue for the quarter came in at $84.1 million versus the consensus estimate of $82.67 million.
ADCETRIS sales in the third quarter of $59.1 million, an increase from $48.2 million in the third... More
UPDATE: Trading Radar for 10/29: Aetna (AET), LinkedIn (LNKD), Baidu (BIDU), ConocoPhillips (COP), MGM Resorts (MGM), Deckers (DECK) Report
October 28, 2015 2:53 PM EDT(Updated - October 28, 2015 2:54 PM EDT)
The Trading Radar highlights key earnings and economic announcements for the next trading session:
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Economics:
8:30am EDT
Earnings:
A.H. Belo (NYSE: AHC) - no Street consensus
Aetna (NYSE: AET) - consensus EPS $1.77
Air Products (NYSE: APD) -... More
