Rigel Pharmaceuticals (RIGL) PT Raised to $7 at Piper Jaffray

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Rigel Pharma (RIGL) Prices 16M Share Common Offering at $3.90/Sh

April 20, 2018 5:34 AM EDT

Rigel Pharmaceuticals, Inc. (NASDAQ: RIGL) today announced the pricing of its previously announced underwritten public offering of 16,000,000 shares of its common stock, offered at a price of $3.90 per share to the public. The gross proceeds to Rigel from this offering are expected to be $62.4 million,... More

Rigel Pharma (RIGL) Announces Proposed 15M Share Common Offering

April 18, 2018 4:36 PM EDT

Rigel Pharmaceuticals, Inc. (NASDAQ: RIGL) today announced that it intends to offer and sell up to 15,000,000 shares of its common stock in an underwritten public offering. Rigel expects to grant the underwriters a 30-day option to purchase up to an additional 2,250,000 shares of... More

Rigel Pharmaceuticals (RIGL) PT Raised to $8 at H.C. Wainwright Following FDA Approval

April 18, 2018 7:05 AM EDT

H.C. Wainwright raised its price target on Rigel Pharmaceuticals (NASDAQ: RIGL) to $8.00 (from $6.70) while maintaining a Buy rating.

Analyst Joseph Pantginis commented, ". Rigel announced yesterday that the FDA approved the NDA for Tavalisse (fostamatinib) for the treatment of adult patients with... More