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Fly News Breaks for May 16, 2018
ESPR
May 16, 2018 | 07:08 EDT
UBS analyst Carter Gould lowered his price target on Esperion to $75 from $90 to reflect the likely overhang of approval concerns for bempedoic acid following Study 1 data. The analyst believes bempedoic acid will ultimately be approved, but noted concerns about the imbalance of elevated liver enzymes and the magnitude of LDL reduction. Gould maintained his Buy rating on Esperion shares.
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