OncoMed Pharmaceuticals Reports Second Quarter 2016 Financial Results

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OncoMed Pharmaceuticals (OMED) PT Raised to $16 at Jefferies

August 10, 2016 8:31 AM EDT

Jefferies analyst Brian Abrahams reiterated a Buy rating and boosted his price target on OncoMed Pharmaceuticals (NASDAQ: OMED) to $16.00 (from $15.00) following Q2 update.

Abrahams commented, "OMED will have multiple data updates in 2H16/1H17 as well as potential opt-in catalysts from collaborators. We... More

OncoMed Pharma (OMED) Misses Q2 EPS by 10c

August 9, 2016 5:09 PM EDT

OncoMed Pharma (NASDAQ: OMED) reported Q2 EPS of ($0.91), $0.10 worse than the analyst estimate of ($0.81). Revenue for the quarter came in at $6.7 million versus the consensus estimate of $8.09 million.

For earnings history and earnings-related data on OncoMed Pharma (OMED) click here.

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