Arena Pharmaceuticals Provides Corporate Update and Reports Fourth Quarter and Full-Year 2018 Financial Results

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Arena Pharma (ARNA) PT Raised to $63 at Credit Suisse

February 27, 2019 8:02 AM EST

Credit Suisse analyst Martin Auster raised the price target on Arena Pharma (NASDAQ: ARNA) to $63.00 (from $61.00) while maintaining a Outperform rating.

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Arena Pharma (ARNA) PT Raised to $79 at RBC Capital

February 27, 2019 6:43 AM EST

RBC Capital analyst Kennen MacKay raised the price target on Arena Pharma (NASDAQ: ARNA) to $79.00 (from $70.00) while maintaining a Outperform rating.

Flush with cash, ARNA positions to execute in the clinic in 2019, MacKay comments.

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Arena Pharma (ARNA) Tops Q4 Views

February 26, 2019 4:03 PM EST

Arena Pharma (NASDAQ: ARNA) reported Q4 EPS of $1.36, $2.12 better than the analyst estimate of ($0.76). Revenue for the quarter came in at $8.6 million versus the consensus estimate of $3.6 million.

"In 2018 we delivered the steps necessary to position Arena for long-term, sustainable growth by securing a... More