Molecular Templates Inc (MTEM) Receives a Buy from Oppenheimer


Oppenheimer analyst Kevin DeGeeter reiterated a Buy rating on Molecular Templates Inc (MTEM) today. The company’s shares opened today at $5.31.

According to TipRanks.com, DeGeeter is a 5-star analyst with an average return of 15.7% and a 56.2% success rate. DeGeeter covers the Healthcare sector, focusing on stocks such as Catalyst Biosciences Inc, Neon Therapeutics Inc, and Genomic Health.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Molecular Templates Inc.

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The company has a one-year high of $9.98 and a one-year low of $3.19. Currently, Molecular Templates Inc has an average volume of 71.11K.

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Molecular Templates, Inc. is a clinical stage biopharmaceutical company, which engages in the discovery, development, and commercialization of therapeutics for the treatment of cancers and other serious diseases. The company was founded on August 1, 2017 and is headquartered in Austin, TX.

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