Seres Therapeutics Reports Third Quarter Financial Results and Provides Operational Updates

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Seres Therapeutics (MCRB) PT Lowered to $16 at Oppenheimer

November 9, 2018 8:57 AM EST

Oppenheimer analyst Mark Breidenbach lowered the price target on Seres Therapeutics (NASDAQ: MCRB) to $16.00 (from $17.00) while maintaining a Outperform rating.

The analyst commented, "Thursday, Seres reported 3Q results and reviewed recent progress. With the appointment of a new CMO, we see... More

Seres Therapeutics (MCRB) Misses Q3 EPS by 2c, Revenues Miss

November 8, 2018 7:13 AM EST

Seres Therapeutics (NASDAQ: MCRB) reported Q3 EPS of ($0.54), $0.02 worse than the analyst estimate of ($0.52). Revenue for the quarter came in at $9 million versus the consensus estimate of $11.37 million.

Based on a growing body of promising clinical data and preclinical data from our... More