Form DEFA14A MACROGENICS INC

Go back to Form DEFA14A MACROGENICS INC

TD Cowen Upgrades MacroGenics (MGNX) to Buy, 'We Believe There Is Favorable Risk/Reward Heading Into The Efficacy Update By The End Of May'

April 9, 2024 5:29 AM EDT

TD Cowen analyst Boris Peaker upgraded MacroGenics (NASDAQ: MGNX) from Hold to Buy.

The analyst comments "Initial Phase II safety beat expectations and increases our conviction in vobra duo ultimately conferring meaningful clinical benefit in the next update in May (PSA50 and ORR) and in H2 (rPFS). We and KOLs believe that vobra duo could at least prove better than chemo alone and be used as an important part of... More