Mirati Therapeutics (MRTX) PT Raised to $225 at Oppenheimer

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Mirati Therapeutics (MRTX) Prices 4.33M Share Common Offering at $202/Sh

October 28, 2020 5:57 AM EDT

Mirati Therapeutics, Inc. (NASDAQ: MRTX) today announced the pricing of an underwritten public offering of 4,335,397 shares of its common stock at a price to the public of $202.00 per share, which consists of 3,960,397 shares to be sold by Mirati and 375,000 shares to be sold by a selling stockholder. The aggregate gross proceeds to Mirati from this offering are expected to be approximately $800.0 million, before... More

Mirati Therapeutics (MRTX) PT Raised to $210 at Piper Sandler

October 26, 2020 8:24 AM EDT

Piper Sandler analyst Tyler Van Buren raised the price target on Mirati Therapeutics (NASDAQ: MRTX) to $210.00 (from $170.00) while maintaining an Overweight rating.

The analyst commented, "The adagrasib (formerly MRTX849) Phase Ib/II 45% ORR met investor expectations perour recent flash poll and appears improved versus... More