Arrowhead Research (ARWR) Tops Q3 EPS by 5c

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Piper Jaffray Cuts Price Target on Arrowhead Research (ARWR) to $8.00 Following 3Q

August 10, 2016 8:53 AM EDT

Piper Jaffray maintained an Overweight rating on Arrowhead Research (NASDAQ: ARWR), and cut the price target to $8.00 (from $13.00), following the company's 3Q earnings report. Arrowhead ended FY3Q:16 with cash of $44.6 million and issued 7.63 million shares at $5.90 per share bringing proforma cash to ~$90 million.... More

Arrowhead Research (ARWR) Prices $45M Private Stock Offering at $5.90/Share

August 9, 2016 9:06 AM EDT

Arrowhead Pharmaceuticals Inc. (NASDAQ: ARWR) announced that it has priced a private offering of its common stock with gross proceeds expected to be $45 million. The offering was priced at $5.90 per share.

Cantor Fitzgerald & Co. acted as sole placement agent for the offering.

Approximately 7.63 million... More