Seres Therapeutics (MCRB) Prices 10.5M Share Common Offering at $21.50/Sh

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Seres Therapeutics (MCRB) to Offer 8M Common Shares

August 11, 2020 5:48 PM EDT

Seres Therapeutics, Inc. (Nasdaq: MCRB) is commencing an underwritten registered public offering of 8,000,000 shares of its common stock. As part of this offering, Seres intends to grant the underwriters a 30-day option to purchase up to an additional 1,200,000 shares of its common... More

Seres Therapeutics (MCRB) Files to Offer 8M Shares of Common Stock

August 11, 2020 5:33 PM EDT

Seres Therapeutics (NASDAQ: MCRB) disclosed:

We are offering 8,000,000 shares of our common stock. Our common stock is listed on The Nasdaq Global Select Market, or Nasdaq, under the symbol MCRB. On August 10, 2020, the last reported sale price of our common stock was $22.70 per... More

Seres Therapeutics (MCRB) PT Raised to $24 at Goldman Sachs

August 11, 2020 6:41 AM EDT

Goldman Sachs raised its price target on Seres Therapeutics (NASDAQ: MCRB) to $24.00 (from $6.00) while maintaining a Neutral rating.... More

UPDATE: Jefferies Upgrades Seres Therapeutics (MCRB) to Buy

August 11, 2020 4:27 AM EDT

(Updated - August 11, 2020 4:48 AM EDT)

(updating comment)

Jefferies analyst Chris Howerton upgraded Seres Therapeutics (NASDAQ: MCRB) from Hold to Buy with a price target of $29.00 (from $4.00).

The analyst comments "Despite ~400% move on positive rCDI data yesterday, we still... More