Amarin Announces Comprehensive Cost Reduction Plan to Address Market Dynamics in U.S. Business
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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 EDTJPMorgan 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
