Sangamo BioSciences Reports Second Quarter 2016 Financial Results

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Janney Montgomery Scott Downgrades Sangamo BioSciences (SGMO) to Neutral

August 4, 2016 7:25 AM EDT

Janney Montgomery Scott downgraded Sangamo BioSciences (NASDAQ: SGMO) from Buy to Neutral with a price target of $8.00 (from $15.00).

For an analyst ratings summary and ratings history on Sangamo BioSciences click here. For more ratings news on Sangamo BioSciences click here.

Shares of Sangamo BioSciences closed at $6.84 yesterday.

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Sangamo Biosciences (SGMO) Misses Q2 EPS by 14c

August 3, 2016 4:36 PM EDT

Sangamo Biosciences (NASDAQ: SGMO) reported Q2 EPS of ($0.38), $0.14 worse than the analyst estimate of ($0.24). Revenue for the quarter came in at $3.7 million versus the consensus estimate of $5.38 million.

Financial Guidance for 2016 The Company updates guidance as follows:

Cash and Investments: Sangamo... More