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ACHN

Achillion

$1.70

0.12 (7.59%)

06:05
01/03/19
01/03
06:05
01/03/19
06:05

Achillion says Nicole Vitullo elected to chair board of directors

Achillion Pharmaceuticals announced that the company's Board of Directors has elected Nicole Vitullo Chair. Vitullo is a partner with Domain Associates and has been a member of Achillion's Board of Directors since September 2010. As Chair, she replaces David Scheer, who has served on the Achillion Board since 1998 and was elected Chair in March 2010. Scheer will remain on the Board of Directors of the company.

ACHN Achillion
$1.70

0.12 (7.59%)

12/13/18
JMPS
12/13/18
NO CHANGE
Target $10
JMPS
Outperform
JMP says Achillion oral factor D update could renew interest in stock
JMP Securities analyst Liisa Bayko noted that Achillion's oral factor D inhibitor studies have been slow to enroll due to limited trial sites, but the company plans to update investors on its oral factor D portfolio this coming Monday, which she believes has the potential to renew interest in the stock. She is looking for updated data from first-gen oral factor D inhibitor ACH-4471 from four ongoing studies and the first Phase 1 data from next-gen factor D inhibitors, ACH-5228 and ACH-5548, adding that data that support activity in the C3G indication or in PNH "could reinvigorate interest." Bayko, who sees a blockbuster opportunity for an oral product in this category, keeps an Outperform rating and $10 price target on Achillion shares.
05/21/18
LEHM
05/21/18
UPGRADE
Target $5
LEHM
Equal Weight
Achillion upgraded to Equal Weight from Underweight at Barclays
Barclays analyst Geoffrey Meacham upgraded Achillion Pharmaceuticals to Equal Weight with an unchanged price target of $5. The analyst sees minimal downside risk from current valuation levels.
02/08/18
RILY
02/08/18
INITIATION
Target $3.5
RILY
Neutral
Achillion initiated with a Neutral at B. Riley FBR
B. Riley FBR analyst Madhu Kumar started Achillion Pharmaceuticals with a Neutral rating and $3.50 price target.

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