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Fly News Breaks for February 24, 2020
Feb 24, 2020 | 08:02 EDT
As previously reported, Northland analyst Carl Byrnes downgraded Esperion to Market Perform from Outperform with a price target of $60, down from $90, after the FDA label assigned to Nexletol fell short of his expectations by being limited to secondary prevention. While he thinks the safety language is not a cause for concern, Byrnes had expected the drug to be indicated for primary prevention and he significantly cut his U.S. peak sales forecast for the bempedoic acid franchise to about $1.25B from greater than $2B based on the label being restricted to secondary prevention.
News For ESPR From the Last 2 Days
Dec 2, 2021 | 18:35 EDT
Check out this evening's top movers from around Wall Street, compiled by The Fly. UP AFTER EARNINGSMarvell... To see the rest of the story go to See Story Here