Macrogenics (MGNX) Misses Q1 EPS by 20c

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Go back to Macrogenics (MGNX) Misses Q1 EPS by 20c

TD Cowen Downgrades MacroGenics (MGNX) to Hold

May 10, 2024 5:30 AM EDT

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

The analyst comments "Efficacy was promising with 44% and 37% cPSA50s and 18% and 25% cORRs at 2.0mg and 2.7mg, respectively. However, safety deteriorated from the abstract which raises material questions.... More