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GEMP

Gemphire Therapeutics

$1.55

-0.1 (-6.06%)

16:35
08/20/18
08/20
16:35
08/20/18
16:35

Venrock Healthcare Capital reports 9.7% passive stake in Gemphire Therapeutics

GEMP Gemphire Therapeutics
$1.55

-0.1 (-6.06%)

08/13/18
JEFF
08/13/18
DOWNGRADE
Target $2
JEFF
Hold
Gemphire Therapeutics downgraded to Hold from Buy at Jefferies
Jefferies analyst Matthew Andrews downgraded Gemphire Therapeutics to Hold and lowered his price target for the shares to $2 from $12. With the termination of the company's Phase 2a clinical trial of gemcabene in pediatric patients with non-alcoholic fatty liver disease, and the timing of data unclear from the ongoing familial partial lipodystrophy study, the analyst prefers to step to the sidelines. He estimates Gemphire has $1.30 of cash per share.
08/10/18
08/10/18
DOWNGRADE
Target $2

Neutral
Gemphire Therapeutics downgraded to Neutral with $2 target at Roth Capital
As previously reported, Roth Capital analyst Yasmeen Rahimi downgraded Gemphire Therapeutics to Neutral from Buy after the company announced the termination of its Phase 2a pediatric NAFLD trial due to unforeseen ALT and liver fat increases in three patients. This news follows last week's announcement that the FDA has requested additional toxicology studies on gemcabene before progression into the Phase 3 development and Rahimi now sees a lack of major catalysts for Gemphire in the next year. Rahimi cut the firm's price target on Gemphire to $2 from $40.
08/10/18
ROTH
08/10/18
DOWNGRADE
ROTH
Neutral
Gemphire Therapeutics downgraded to Neutral from Buy at Roth Capital
08/07/18
RAJA
08/07/18
DOWNGRADE
RAJA
Market Perform
Gemphire Therapeutics downgraded to Market Perform from Outperform at Raymond James

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