Denali Therapeutics (DNLI) Prices 7.826M Share Common Offering at $23/Sh

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Pre-Open Stock Movers 1/28: (DLPH) (XLRN) (ALKS) Higher (EROS) (BWA) (DDD) Lower (more...)

January 28, 2020 9:23 AM EST

Today's Pre-Open Stock Moves

Delphi Technologies PLC (NYSE: DLPH) 61.8% HIGHER; BorgWarner Inc. (NYSE: BWA) and Delphi Technologies PLC (NYSE:... More

After-Hours Movers 01/27: (XLRN) (SURF) (INO) Higher; (EROS) (FFIV) (RMBS) Lower (more...)

January 27, 2020 5:58 PM EST

Today's After-Hours Moves

Acceleron Pharma Inc. (NASDAQ: XLRN) 66.5% HIGHER; announced that the PULSAR Phase 2 trial of sotatercept met its primary and key secondary endpoints in patients with pulmonary arterial hypertension (PAH).

Surface Oncology (NASDAQ: SURF) 13.8% HIGHER; announced the U.S. Food and Drug Administration (FDA) has cleared the Investigational New Drug (IND) applications for its antibody candidates, SRF617 (targeting CD39) and SRF388 (targeting IL-27), and the Company is executing on plans to initiate clinical trials to advance both... More

Denali Therapeutics (DNLI) to Offer $150M in Common Stock

January 27, 2020 4:11 PM EST

Denali Therapeutics Inc. (NASDAQ: DNLI) today announced that it intends to offer and sell shares of its common stock in an underwritten public offering of $150 million of shares of its common stock. In addition, Denali Therapeutics intends to grant the underwriters a... More

UPDATE: Goldman Sachs Upgrades Denali Therapeutics Inc. (DNLI) to Buy on EMerging Triple Platform

January 27, 2020 4:30 AM EST

(Updated - January 27, 2020 4:46 AM EST)

(updating comment)

Goldman Sachs analyst Salveen Richter upgraded Denali Therapeutics Inc. (NASDAQ: DNLI) from Neutral to Buy with a price target of $37.00 (from $20.00).

The analyst comments "With positive updates from Ph1b DNL201 and Ph1... More