Phathom Pharmaceuticals Inc. (PHAT) Prices 2.25M Share Common Offering at $42/Sh

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Phathom Pharmaceuticals Inc. (PHAT) Announces Proposed 2.5M Common Share Offering

December 15, 2020 4:02 PM EST

Phathom Pharmaceuticals, Inc. (NASDAQ: PHAT), a late clinical-stage biopharmaceutical company focused on developing and commercializing novel treatments for gastrointestinal diseases, announced today that it intends to offer and sell, subject to market and other conditions, 2,250,000 shares of its common stock in an underwritten public... More

Phathom Pharmaceuticals (PHAT) PT Raised to $55 at Needham & Company

December 15, 2020 8:42 AM EST

Needham & Company analyst Alan Carr raised the price target on Phathom Pharmaceuticals (NASDAQ: PHAT) to $55.00 (from $45.00) while maintaining a Buy rating.

The analyst commented, "Phathom hosted a virtual R&D event and announced plans to initiate Phase 2 testing of vonoprazan in... More