OncoMed Pharma (OMED) Misses Q1 EPS by 17c

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OncoMed Pharmaceuticals (OMED) PT Lowered to $15 at Jefferies

May 6, 2016 8:03 AM EDT

Jefferies analyst Brian Abrahams kept a Buy rating but lowered his price target on OncoMed Pharmaceuticals (NASDAQ: OMED) to $15.00 (from $16.00) following Q1 results.

Abrahams commented, "OMED's financials and clinical trial progress were mostly in line for the quarter, and while more key data... More