JMP Securities Downgrades Achillion Pharmaceuticals To Market Perform

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Analysts at JMP Securities downgraded

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Achillion Pharmaceuticals, Inc.

(NASDAQ: ACHN) from Market Outperform to Market Perform and removed the price target of $24.00.Achillion Pharmaceuticals shares have gained 292.65 percent over the past 52 weeks, while the S&P 500 index has surged 12.70 percent in the same period.Achillion Pharmaceuticals' shares fell 8.71 percent to9.75 in pre-market trading.