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Amarin Appoints Tom Reilly as New Chief Financial Officer

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JPMorgan on Underweight-rated Amarin Corporation (AMRN), 'we see a difficult path ahead for the stock'

June 6, 2022 12:12 PM EDT

JPMorgan analyst Jessica Fye reiterated an Underweight rating and {REMOVEPT} price target on Amarin Corporation (NASDAQ: AMRN)

The analyst comments "This morning, AMRN simultaneously announced a reduction in the US commercial team to just ~10% of its pre-pandemic and pre-generic competition levels as well as the appointment of Tom Reilly as new CFO. Given the generic pressure in... More