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Enter Symbol:
Immunogen, Inc. (IMGN) [hlAlert]

up 186.17 %

Immunogen, Inc. (IMGN) rated Buy with price target $12 by Morgan Joseph

Posted on: Monday,  Aug 30, 2010  8:25 AM ET by Morgan Joseph

Morgan Joseph rated Buy Immunogen, Inc. (NASDAQ: IMGN) on 08/30/2010. Previously Morgan Joseph rated Buy Immunogen, Inc. (NASDAQ: IMGN) on 08/04/2008.,
when the stock price was $4.99. Since then, Immunogen, Inc. has gained 186.17% as of 01/08/2016's recent price of $14.28.
If you would have followed the previous Morgan Joseph's recommendation on IMGN, you would have gained 186.17% of your investment in 2713 days.

ImmunoGen, Inc. develops pharmaceuticals, primarily for the treatment of cancer. The company's product candidates are called tumor-activated prodrugs and are based on its proprietary immunoconjugate technology platform. Unlike conventional chemotherapeutic agents, tumor-activated prodrugs are intended to deliver potent chemotherapy specifically to a tumor. Each tumor-activated drug immunoconjugate comprises a small-molecule drug which has been chemically linked to a monoclonal antibody.

Morgan Joseph is committed to providing timely, objective and actionable investment advice on the companies and securities we follow. Our team of equity analysts covers a growing universe of stock issues across a broad range of industry sectors. As a middle market-focused firm, our approach is not to publish research on as many companies as possible within a number of industry sectors. Rather, our research analysts distinguish themselves by zeroing in on quality companies with growth prospects or which present special situations. These companies often lack a research following. This enables our analysts to provide insight to investors in companies that are not well understood nor fairly valued.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/30/2010 8:25 AM Buy
5.30 12.00
as of 12/31/2010
1 Week down  -13.58 %
1 Month up  3.24 %
3 Months up  37.00 %
1 YTD up  9.28 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/15/2010 10:25 AM Buy
9.46 15.00
3/31/2009 8:25 AM Buy
7.04 10.00
8/4/2008 8:25 AM Buy
4.99 7.00

(*) Stock Price at the time of the recommendation.
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