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Seattle Genetics, Inc.: Double-Digit Revenue Growth, but the Best Is Yet to Come


Seattle Genetics, Inc.: Double-Digit Revenue Growth, but the Best Is Yet to Come

Sales of Seattle Genetics's (NASDAQ: SGEN) Adcetris in the U.S. and Canada jumped 13% year over year in the third quarter, but it's still a relatively small seller for a cancer drug, especially considering that Adcetris has been on the market for six years. Fortunately, sales should accelerate from here with an expanded approval under review at the FDA and another one ready to be submitted soon.

Metric

Q3 2017

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Source: Fool.com

Bristol-Myers Squibb Stock

€39.21
1.590%
There is an upward development for Bristol-Myers Squibb compared to yesterday, with an increase of €0.61 (1.590%).
Currently there is a rather positive sentiment for Bristol-Myers Squibb with 12 Buy predictions and 3 Sell predictions.
As a result the target price of 70 € shows a very positive potential of 78.55% compared to the current price of 39.21 € for Bristol-Myers Squibb.
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