Piper Sandler Maintains Overweight on Alkermes, Lowers Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst David Amsellem has maintained an Overweight rating on Alkermes (NASDAQ:ALKS) but lowered the price target from $37 to $35.
October 26, 2023 | 6:47 pm
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NEUTRAL IMPACT
Piper Sandler has maintained an Overweight rating on Alkermes but lowered the price target from $37 to $35.
The news is directly about Alkermes and is likely to impact its stock price. While the Overweight rating is positive, the lowering of the price target might have a neutral to slightly negative impact on the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100