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ImmunoGen maintained at sector perform by RBC
RBC Capital Markets analyst Jason Kantor kept ImmunoGen, Inc. at sector perform, speculative risk, due to a lack of significant near-term news flow. The analyst said he expects some early data over the next few months, including phase 1 data from its clinical candidates huN901-DM1 and huC242-DM4 in solid tumors, but there may not be significant efficacy at these low doses. Shares of the Cambridge, Mass.-based pharmaceutical company were up 11 cents, or 2.7%, at $4.18, on volume of 46,190 shares versus the three-month running average of 98,762 shares. (Nasdaq: IMGN)
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