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Fly News Breaks for June 27, 2019
ESPR
Jun 27, 2019 | 08:31 EDT
Esperion's debt financing brings in an immediate $125M, lifting the company's total pro-forma cash to $355M, and gives it flexibility going into 2020, Jefferies analyst Michael Yee tells investors in a research note. The analyst views the deal as a non-dilutive, "fundamentally good access to cash," that helps shore up Esperion's balance sheet "in case of uncertainty and macro risk in 2020." He keeps a Buy rating on the shares with an $85 price target.
News For ESPR From the Last 2 Days
ESPR
Mar 28, 2024 | 10:59 EDT
These names in the biotech sector are seeing a substantial increase in search activity today, as determined by InvestingChannel. They include: Altamira Therapeutics... To see the rest of the story go to thefly.com. See Story Here
ESPR
Mar 27, 2024 | 10:47 EDT
These names in the biotech sector are seeing a substantial increase in search activity today, as determined by InvestingChannel. They include: Altamira Therapeutics... To see the rest of the story go to thefly.com. See Story Here