Cerecor (CERC) Surges with Alkermes (ALKS) Following Positive Depression Trial Results
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Moody's Says Alkermes (ALKS) FORWARD-5 Data is Credit-Positive Development
October 21, 2016 2:31 PM EDTMoody's Investors Service commented that the positive clinical data of Alkermes' (Nasdaq: ALKS) experimental depression drug ALKS-5461 is credit positive. There is no effect on Alkermes' ratings including the Ba3 Corporate Family Rating, or the negative rating outlook.
... MoreAlkermes (ALKS) PT Raised to $70 at Leerink Partners
October 21, 2016 6:41 AM EDTLeerink Partners analyst Paul Matteis reiterated an Outperform rating and raised its price target on Alkermes (NASDAQ: ALKS) to $70.00 (from $57.00) after the company announced positive results from their third ph3 study for ALKS5461 in depression.
Matteis commented, "We were previously... More
