SVB Leerink Maintains Outperform on Immunovant, Raises Price Target to $14
SVB Leerink analyst Mike Kratky maintains Immunovant (NASDAQ:IMVT) with a Outperform and raises the price target from $12 to $14.
Immunovant: Q2 Earnings Insights
Immunovant (NASDAQ:IMVT) reported its Q2 earnings results on Friday, November 4, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Immunovant Q2 EPS $(0.41) Down From $(0.35) YoY
Immunovant (NASDAQ:IMVT) reported quarterly losses of $(0.41) per share. This is a 17.14 percent decrease over losses of $(0.35) per share from the same period last year.
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How Is The Market Feeling About Immunovant?
Immunovant's (NASDAQ:IMVT) short percent of float has risen 56.47% since its last report. The company recently reported that it has 2.66 million shares sold short, which is 6.29% of all regular shares that are available for trading.