Piper Sandler Maintains Overweight on Alkermes, Raises Price Target to $37
Portfolio Pulse from richadhand@benzinga.com
Piper Sandler analyst David Amsellem maintains an Overweight rating on Alkermes (NASDAQ:ALKS) and raises the price target from $35 to $37.

June 07, 2023 | 2:07 pm
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Piper Sandler analyst maintains Overweight rating on Alkermes and raises price target from $35 to $37.
The news of Piper Sandler maintaining an Overweight rating on Alkermes and raising the price target from $35 to $37 is positive for the company. This indicates that the analyst has a positive outlook on the stock and expects it to outperform the market. This could lead to increased investor interest and a potential short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100