Streetbeat News

MDGL

Madrigal Pharmaceuticals, Inc.

https://www.madrigalpharma.com

Industry

Biotechnology

Madrigal Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, focuses on the development and commercialization of therapeutic candidates for the treatment of cardiovascular, metabolic, and liver diseases. Its lead product candidate is resmetirom, a liver-directed selective thyroid hormone receptor-ß agonist, which is in Phase III clinical trials for the treatment of non-alcoholic steatohepatitis. The company also develops MGL-3745, a backup compound to resmetirom. It has research, development, and commercialization agreement with Hoffmann-La Roche. Madrigal Pharmaceuticals, Inc. is headquartered in West Conshohocken, Pennsylvania.

Open

328.50

Mkt cap

7.7B

Volume

382K

High

348.35

P/E Ratio

-15.90

52-wk high

377.46

Low

326.70

Div yield

N/A

52-wk low

189.00

Madrigal Pharmaceuticals' stock (MDGL) dropped by 10% due to disappointing preliminary Q4 sales figures for its drug Rezdiffra.

Portfolio Pulse from

January 15, 2025 | 4:00 pm

Madrigal Pharmaceuticals' stock is experiencing a significant decline, dropping 13.3% as of Monday morning.

Portfolio Pulse from

January 13, 2025 | 4:30 pm

Madrigal Pharmaceuticals provided a business update, revealing preliminary net sales for Q4 and full-year 2024, year-end cash, and the number of patients on Rezdiffra.

Portfolio Pulse from

January 13, 2025 | 12:00 pm

Madrigal Pharmaceuticals' drug Rezdiffra has had a strong launch, sparking buyout discussions. Despite competition, the potential for combination therapies and a future EU launch add interest for investors.

Portfolio Pulse from

January 09, 2025 | 11:30 am

Wall Street analysts have set an average price target for Madrigal Pharmaceuticals (MDGL) that suggests a potential upside of 26.4%. This optimism is supported by positive trends in earnings estimate revisions, which could lead to a stock price increase.

Portfolio Pulse from

November 18, 2024 | 4:15 pm

The article suggests investing $1,000 in a promising biotech stock, potentially Madrigal Pharmaceuticals (MDGL), and holding it for at least five years due to its bright future.

Portfolio Pulse from

November 10, 2024 | 2:45 pm

Madrigal Pharmaceuticals (MDGL) is highlighted as a strong momentum stock, suggesting it could be a top pick for momentum investors.

Portfolio Pulse from

November 07, 2024 | 6:15 pm

Madrigal Pharmaceuticals, Inc. (Nasdaq: MDGL) will participate in fireside chats at three upcoming investor conferences, potentially increasing investor interest and visibility.

Portfolio Pulse from

November 06, 2024 | 1:15 pm

Madrigal Pharmaceuticals shares rose following UBS's decision to maintain a Buy rating and increase the price target from $411 to $441.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 7:25 pm

UBS analyst Eliana Merle has maintained a Buy rating on Madrigal Pharmaceuticals and increased the price target from $411 to $441.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 6:27 pm

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