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Why Aerie Pharmaceuticals Is Trading Lower Today

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Aerie Pharmaceuticals (NASDAQ: AERI) shares are trading lower on Monday after Bank of America downgraded the stock from Neutral to Underperform and announced a price target of $9 per share.

Aerie is a clinical-stage pharmaceutical company. It is focused on discovery, development, and commercialization of therapies for the treatment of patients with glaucoma and other diseases of the eye. Its main products are Rhopressa and Roclatan. The company mainly operates in North America.

Aerie Pharmaceuticals shares traded down 13.53% to $10.06 on Monday. The stock has a 52-week high of $26.26 and a 52-week low of $9.86.

Latest Ratings for AERI

DateFirmActionFromTo
Nov 2020HC Wainwright & Co.MaintainsBuy
Oct 2020B of A SecuritiesDowngradesNeutralUnderperform
Sep 2020GuggenheimInitiates Coverage OnBuy

View More Analyst Ratings for AERI
View the Latest Analyst Ratings

 

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