Aegerion Pharma (AEGR) Misses Q1 EPS Views; Trims FY16 Outlook

Go back to Aegerion Pharma (AEGR) Misses Q1 EPS Views; Trims FY16 Outlook

Leerink Partners Cuts Price Target on Aegerion Pharma (AEGR) Following 1Q Miss and Guidance

May 17, 2016 6:50 AM EDT

Leerink Partners maintained an Outperform rating on Aegerion Pharmaceuticals (NASDAQ: AEGR), and cut the price target to $6.00 (from $15.00), following the company's 1Q earnings report. AEGR reported revenue of $36M, missing consensus estimates of $43M. Management cut FY16 guidance at the midpoint from... More