Seeking Alpha

ImmunoGen shakes off Morgan Stanley downgrade to trade higher

  • ImmunoGen (IMGN +9.8%) bounces back from early losses to trade sharply higher.
  • Early weakness was likely attributable to Morgan Stanley, where analysts downgraded the shares to Underweight with a $9.50 price target citing trouble with IMGN901.
  • See also: IMGN signs third licensing agreement with Novartis.
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Comments (1)
  • longimgn
    , contributor
    Comments (445) | Send Message
    results from ASH must have been released today from the West Coast and driven the shares higher, JMHO....... short lived rally.....JMHO
    11 Nov 2013, 06:12 PM Reply Like
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