ImmunoGen (IMGN) Shows Strength: Stock Up 14.2% Higher
ImmunoGen, Inc. IMGN was a big mover last session, as the company saw its shares jump above 14% on the day. The upside took place after it released abstracts for the current year's American Society of Clinical Oncology (ASCO) meeting, followed by a press release of the updated data. This breaks the recent trend for the company as the stock is now trading above the volatile price range of $3.58 to $4.73 in the past one-month time frame.
The company has seen four positive and one negative estimate revisions in the past 30 days. Also, its Zacks Consensus Estimate moved higher over the same timeframe. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
ImmunoGen currently carries a Zacks Rank #3 (Hold).
ImmunoGen, Inc. Price
ImmunoGen, Inc. Price | ImmunoGen, Inc. Quote
A top-ranked stock in the Medical-Drugs industry is Aerie Pharmaceuticals, Inc. AERI sporting a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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