Apellis Pharmaceuticals announces plan to slash workforce by 25%

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Raymond James Reiterates Strong Buy Rating on Apellis Pharmaceuticals (APLS), 'a signal of commitment to and confidence in Syfovre'

August 29, 2023 3:16 PM EDT

Raymond James analyst Steven Seedhouse reiterated a Strong Buy rating and $89.00 price target on Apellis Pharmaceuticals (NASDAQ: APLS)

The analyst comments "We remain at a Strong Buy rating on APLS following an announced cost savings program. Apellis restructuring announcement sends an interesting signal at an... More

Apellis Pharmaceuticals (APLS) PT Raised to $54 at Citi, 'Corporate Restructuring Not Overly Surprising'

August 29, 2023 3:15 PM EDT

Citi analyst Yigal Nochomovitz raised the price target on Apellis Pharmaceuticals (NASDAQ: APLS) to $54.00 (from $45.00) while maintaining a Buy rating.

The analyst comments "We are inferring based on timing of restructuring that Apellis revised internal projections for the Syfovre launch following the ROV disclosures are... More