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ALDX

Aldeyra

$8.49

0.19 (2.29%)

08:08
01/03/19
01/03
08:08
01/03/19
08:08

Aldeyra promotes David McMullin to Chief Commercial Officer

Aldeyra Therapeutics announced that David McMullin has been promoted to the position of Chief Commercial Officer, effective immediately. In his new role, McMullin will oversee Aldeyra's strategic initiatives, commercial planning activities, marketing, and commercial infrastructure development. Prior to joining Aldeyra, McMullin was Group Vice President and Head of U.S. Internal Medicine at Shire plc.

ALDX Aldeyra
$8.49

0.19 (2.29%)

12/04/18
SBSH
12/04/18
INITIATION
Target $23
SBSH
Buy
Aldeyra initiated with a Buy at Citi
Citi analyst Yigal Nochomovitz started Aldeyra Therapeutics with a Buy rating and $23 price target. The analyst points out the company's late-stage clinical asset reproxalap is being developed in three eye indications. He models worldwide risk-adjusted revenues of $400M.
09/26/18
STFL
09/26/18
NO CHANGE
Target $36
STFL
Buy
Aldeyra price target raised to $36 from $16 at Stifel
Stifel analyst Adam Walsh believe Aldeyra's "strong" reproxalap trial results in dry eye disease position the company as "a legitimate player in this blockbuster market." Safety was clean, tolerability was in-line with approved treatments and the early onset of action makes reproxalap look highly differentiated, Walsh added. While Aldeyra likely needs to raise capital to run its two planned dry eye disease Phase 3 trials, Walsh believes the current valuation appears attractive, he tells investors. The analyst raised his price target on Aldeyra shares to $36 from $16 and keeps a Buy rating on the stock.
09/26/18
ADAM
09/26/18
NO CHANGE
Target $35
ADAM
Buy
Aldeyra price target raised to $35 from $27 at Canaccord
Canaccord analyst John Newman raised his price target on Aldeyra shares to $35 from $27 after the company's Phase 2b trial of topical ocular reproxalap in patients with dry eye disease achieved statistically significant improvement against vehicle for all imputation techniques, which he called a "major positive." The very rapid onset of action is differentiating, said the analyst, who expects positive Phase 3 dry eye data given the Phase 2b results. He maintains a Buy rating on Aldeyra shares.
09/26/18
CANT
09/26/18
NO CHANGE
Target $30
CANT
Aldeyra price target raised to $30 from $23 at Cantor Fitzgerald
Cantor Fitzgerald analyst Elemor Piros raised Overweight rated Aldeyra's price target to $30 from $23 following positive Phase 2b dry eye data with reproxalap. The analyst believes the results signal the potential for strategic partnership and M&A activity.

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