Kinnate BioPharma downgraded by Stifel with a new price target
$KNTE
Biotechnology: Pharmaceutical Preparations
Health Care
Stifel downgraded Kinnate BioPharma from Buy to Hold and set a new price target of $11.00 from $35.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/17/2022 | $35.00 → $11.00 | Buy → Hold | Stifel |
| 7/28/2022 | $33.00 | Buy | H.C. Wainwright |
| 9/27/2021 | $46.00 | Buy | Jefferies |
| 9/23/2021 | $32.00 | Buy | Stifel |
| 7/13/2021 | Outperform | William Blair |
EMERYVILLE, Calif., April 03, 2024 (GLOBE NEWSWIRE) -- XOMA Corporation (NASDAQ:XOMA) ("XOMA" or the "Company"), a biotechnology royalty aggregator playing a distinctive role in helping biotech companies achieve their goal of improving human health, today announced the Company has successfully completed its previously announced tender offer to acquire all outstanding shares of Kinnate Biopharma Inc. (NASDAQ:KNTE) common stock for a price per share of $2.5879 in cash (the "Cash Amount"), plus one non-tradeable contingent value right ("CVR" and together with the Cash Amount, the "Offer Price") representing the right to receive 85% of the net proceeds from any out license or sale of Kinnate p
EMERYVILLE, Calif., March 19, 2024 (GLOBE NEWSWIRE) -- As previously announced on February 16, 2024, XOMA Corporation (("XOMA" or the "Company", NASDAQ:XOMA) entered into a merger agreement to acquire Kinnate Biopharma Inc. (("Kinnate", NASDAQ:KNTE) for (i) a base cash price per share of Kinnate common stock of $2.3352 per share and (ii) an additional cash amount of not more than $0.2527 per share (together with the base price, the Cash Amount), plus one non-tradeable contingent value right ("CVR") representing the right to receive 85% of the net proceeds from any out license or sale of Kinnate programs effected within one year of closing of the merger and 100% of the net proceeds from any
Kinnate has entered into an Asset Purchase Agreement (the "APA") with Pierre Fabre Laboratories for global rights to exarafenib and other pan-RAF program assets.The transaction is in furtherance of Kinnate's previously announced pursuit of strategic alternatives.This acquisition is intended to enable Pierre Fabre Laboratories to pursue its efforts in the field of precision oncology and provide it the opportunity to broaden its reach to patients in need for targeted therapies in RAF and RAS solid tumors. CASTRES, France and SAN FRANCISCO, March 1, 2024 /CNW/ -- Kinnate Biopharma Inc. (NASDAQ:KNTE) ("Kinnate" or the "Company"), a clinical-stage precision oncology company, and Pierre Fabre Méd
Stifel downgraded Kinnate BioPharma from Buy to Hold and set a new price target of $11.00 from $35.00 previously
H.C. Wainwright initiated coverage of Kinnate BioPharma with a rating of Buy and set a new price target of $33.00
Jefferies initiated coverage of Kinnate Biopharma with a rating of Buy and set a new price target of $46.00
15-12G - Kinnate Biopharma Inc. (0001797768) (Filer)
S-8 POS - Kinnate Biopharma Inc. (0001797768) (Filer)
S-8 POS - Kinnate Biopharma Inc. (0001797768) (Filer)
4 - Kinnate Biopharma Inc. (0001797768) (Issuer)
4 - Kinnate Biopharma Inc. (0001797768) (Issuer)
4 - Kinnate Biopharma Inc. (0001797768) (Issuer)