ASLAN Pharmaceuticals Announces $5 Million Registered Direct Offering

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Aslan Pharma (ASLN) PT Lowered to $10 at Piper Sandler

March 13, 2024 6:41 AM EDT

Piper Sandler analyst Edward A. Tenthoff lowered the price target on Aslan Pharma (NASDAQ: ASLN) to $10.00 (from $15.00) while maintaining a Overweight rating.

The analyst comments "Aslan ended 3Q:23 with cash of $40.8 million and debt of $38 million. The company issued 5 million and 5 million warrants... More