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Fly News Breaks for February 13, 2020
ALKS
Feb 13, 2020 | 12:21 EDT
Piper Sandler analyst Danielle Brill maintained a Neutral rating on Alkermes following the company's Q4 results, saying that with anticipated revenues of over $1B and reduced spend expected in 2020, she is becoming slightly more constructive on the name. However, Brill tells investors in a research note that she still has concerns about the pipeline however, and even though the company has made some progress, she believe additional near-term expansion is needed.
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