OncoMed Pharma (OMED) Misses Q2 EPS by 10c

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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