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ADC Therapeutics (ADCT) Secures PIPE Financing, Price Target Adjusted

ADC Therapeutics S.A. (NYSE:ADCT) is one of billionaire Steve Cohen’s small-cap stock picks with huge upside potential. On October 16, H.C. Wainwright reaffirmed its Buy rating on ADC Therapeutics (NYSE:ADCT) but lowered the price target from 8to8 to 7. ADC Therapeutics (ADCT) Secures PIPE Financing, Price Target Adjusted Photo by Michael Longmire on Unsplash The revision follows the company’s announcement of a 60millionPIPEfinancingdeal,whichincludesthesaleof11.3millioncommonsharesat60 million PIPE financing deal, which includes the sale of 11.3 million common shares at 4.0 ...