Momenta Phama (MNTA) Misses Q1 EPS by 15c

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Momenta Pharmaceuticals (MNTA) PT Raised to $22 at Stifel

May 8, 2018 1:52 PM EDT

Stifel raised its price target on Momenta Pharmaceuticals (NASDAQ: MNTA) to $22.00 (from $21.00) while maintaining a Buy rating.

Analyst Alex Schwartz commented, "Momenta reported 1Q18 earnings that included $4.8 million in revenues, a $47.6 million net loss, and a $346 million cash & equivalents balance. Importantly, Momentas... More

Momenta Pharmaceuticals (MNTA) PT Raised to $23 at Cowen

May 8, 2018 11:59 AM EDT

Cowen raised its price target on Momenta Pharmaceuticals (NASDAQ: MNTA) to $23.00 (from $15.00) while maintaining a Market Perform rating following financials and pipeline update.

Analyst Ken Cacciatore commented, "Given the current cash balances combined with what we believe will be an eventual acceleration in 40mg... More