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Aegis Capital Reiterates Buy Rating on Amarin Following Reports of Positive Statin-Vascepa Combo

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In a report published on Friday, Aegis Capital analyst Raghuram Selvaraju reiterated a Buy rating and a price target of $35 on Amarin (NASDAQ: AMRN).

In the report, Aegis Capital stated, "This morning, Amarin reported positive data from a Phase 1 clinical trial assessing the pharmacokinetic profile of a fixed-dose combination of the firm's flagship drug product, Vascepa (icosapent ethyl) and a statin (in this case, Crestor or rosuvastatin). This data represents a key cornerstone of Amarin's long- term strategy to eke out a solid market position in the cardiovascular space."

Amarin closed on Thursday at $6.30.

Latest Ratings for AMRN

DateFirmActionFromTo
Oct 2019Initiates Coverage OnBuy
Oct 2019Initiates Coverage OnNeutral
Mar 2019Initiates Coverage OnBuy

View More Analyst Ratings for AMRN
View the Latest Analyst Ratings

Posted-In: Aegis Capital Raghuram SelvarajuAnalyst Color Reiteration Analyst Ratings

 

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