Alkermes (ALKS) PT Cut to $58 at Leerink Partners; Maintains 'Outperform'

Go back to Alkermes (ALKS) PT Cut to $58 at Leerink Partners; Maintains 'Outperform'

UBS Remains Sidelined on Alkermes plc (ALKS) Following Failed ALKS 5461 Studies

January 22, 2016 9:40 AM EST

UBS maintained a Neutral rating on Alkermes (NASDAQ: ALKS), and cut the price target to $36.00 (from $65.00). With the failure of FORWARD-3 and FORWARD-4 studies for ALKS 5461 in MDD, UBS believes that there is a very low possibility of getting this product approved even... More

Morgan Stanley Downgrades Alkermes (ALKS) to Underweight

January 21, 2016 12:52 PM EST

Morgan Stanley downgraded Alkermes (NASDAQ: ALKS) from Overweight to Underweight with a price target of $35.00.

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

Shares of Alkermes closed at $60.42 yesterday.

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Cowen Downgrades Alkermes (ALKS) to Market Perform

January 21, 2016 9:51 AM EST

Cowen downgraded Alkermes (NASDAQ: ALKS) from Outperform to Market Perform.

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

Shares of Alkermes closed at $60.42 yesterday.

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Alkermes' (ALKS) Two Phase 3 Studies of ALKS 5461 in MDD Failed to Meet Primary Efficacy Endpoint

January 21, 2016 7:03 AM EST

Alkermes plc (Nasdaq: ALKS) announced preliminary topline results from FORWARD-3 and FORWARD-4, the first two of three phase 3 efficacy studies to read out from the comprehensive FORWARD pivotal program for ALKS 5461, a once-daily, oral investigational medicine with a novel mechanism of action for the adjunctive treatment of major depressive disorder (MDD) in patients who have an... More