MKM Cuts Alkermes (ALKS) to Neutral

November 3, 2011 3:17 PM EDT
Get Alerts ALKS Hot Sheet
Price: $49.06 -0.79%

Rating Summary:
    17 Buy, 8 Hold, 3 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Shares of Alkermes (NASDAQ: ALKS) edged lower into the last hour of trade Thursday following a late-session downgrade from MKM's Jon Lecroy.

The firm now rates Alkermes shares a Neutral, down from Buy previously. The price target was reduced from $21 to $19.

Alkermes shares last traded at $16.90, down about 3.3 percent from Wednesday's closing price.

For more ratings news on Alkermes click here and for the rating history of Alkermes click here.


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