Needham & Company Lowers PT on Seagen (SGEN) to $180 on Weak Earnings, Reiterates Confidence in Long-Term Growth Prospects

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Go back to Needham & Company Lowers PT on Seagen (SGEN) to $180 on Weak Earnings, Reiterates Confidence in Long-Term Growth Prospects

Seagen (SGEN) PT Lowered to $170 at H.C. Wainwright

February 10, 2022 6:40 AM EST

H.C. Wainwright analyst Andrew Fein lowered the price target on Seagen (NASDAQ: SGEN) to $170.00 (from $200.00) while maintaining a Buy rating following results.

The analyst commented, "Yesterday, Seagen delivered revenue guidance which fell below consensus estimates suggestive of incremental to flat sales growth... More