Form 8-K NGM BIOPHARMACEUTICALS For: Feb 24

Go back to Form 8-K NGM BIOPHARMACEUTICALS For: Feb 24

NGM Biopharmaceuticals (NGM) PT Raised to $30 at Cowen

February 24, 2020 12:11 PM EST

Cowen analyst Ritu Baral raised the price target on NGM Biopharmaceuticals (NASDAQ: NGM) to $30.00 (from $25.00) while maintaining an Outperform rating.

The analyst commented, "NGM presented topline biopsy data from Cohort 4 in their Ph2a. The data demonstrated impressive improvements in both fibrosis (38% vs 18% pbo)... More