Canaccord Genuity Reiterates a 'Buy' on Amarin (AMRN); Focus on IP Continues, New Office Action

March 1, 2012 9:58 AM EST
Get Alerts AMRN Hot Sheet
Price: $13.72 --0%

Rating Summary:
    6 Buy, 12 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 9 | Down: 10 | New: 41
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Canaccord Genuity reiterates a 'Buy' on Amarin Corporation (NASDAQ: AMRN) price target of $25.00.

Analyst, Ritu Baral, said, "Reiterate rating and price target on commercial, partnership potential of AMR101. AMR101 is AMRN’s 96% EPA omega-3 drug for high triglycerides. We think AMR101 will be approved for hypertriglyceridemia on its July 26 PDUFA data and expect IP and business development progress in H2/12."

For an analyst ratings summary and ratings history on Amarin Corporation click here. For more ratings news on Amarin Corporation click here.

Shares of Amarin Corporation closed at $7.75 yesterday.


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