Seattle Genetics (SGEN) Tops Q3 EPS by 8c, Offers FY Guidance

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BofA/Merrill Lynch Upgrades Seattle Genetics (SGEN) to Neutral

October 27, 2017 6:15 AM EDT

BofA/Merrill Lynch upgraded Seattle Genetics (NASDAQ: SGEN) from Underperform to Neutral with a price target of $70.00 (from $55.00).

Analyst Tazeen Ahmad believes the Adcetris product will be more positive in the LT and remains constructive on uptake.

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