Alkermes plc Reports First Quarter 2024 Financial Results

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Alkermes (ALKS) PT Lowered to $29 at BofA Securities

May 2, 2024 5:38 AM EDT

BofA Securities analyst Jason Gerberry lowered the price target on Alkermes (NASDAQ: ALKS) to $29.00 (from $33.00) while maintaining a Neutral rating.

The analyst comments "Today, Alkermes (ALKS) was a notable underperformer (-2% vs +4% XBI, +1% DRG) on a modest sales and... More